3. DAO Voting type II

All members of the DAO, including Experts, Protectors and Manager can vote on the Investment project by voting with their own GT (1 GT = 1 vote).

An Investment Project is considered to be DISAPPROVED by the DAO if:

· The "Against" votes are greater than the "block threshold" (2% (V) of the total number of GT tokens)

AND

· There are more "Against" votes than "For" votes.

Otherwise, it is considered that the DAO approved the Investment Project and the funding can begin.

The DAO Voting Type II period for each Investment Project is T2=72 hours. An investment project, which was not approved, can be re-submitted for voting after a certain period of time T4=90 days.

Last updated