JMC DAO Whitepaper
  • JMC DAO PROJECT SUMMARY
  • PROBLEM STATEMENT
    • New ways for organizing investment funds on blockchain
    • The main common problems of modern "early" DAOs and JMC solutions
    • Stakeholders — who need DAOs?
  • COMPETITION
    • The DAO model / framework
    • DAO setup wizard
  • THE JMC DAO MODEL
    • Operating Sheme
    • Basic Version
    • JMC DAO Member Roles
      • DAO Participants / Token Holders
      • Panel of Experts
      • Council of Protectors
      • Manager
      • Project Manager
      • Agent
    • DAO Treasury
    • DAO Tokens
    • Voting Mechanism
      • Voting on Proposals
        • 1. List of Proposals
        • 2. Voting Queue
        • 3. DAO Voting Type I
        • 4. "RageQuit" Timeout
        • 5. Execution
      • Voting on Investment Projects
        • 1. Experts & Protectors Vote
        • 2. Voting Queue
        • 3. DAO Voting type II
        • 4. "RageQuit" timeout
        • 5. Execution
  • THE "DAO SETUP WIZARD" PLATFORM
    • WALLETS AND TRANSACTIONS
    • DAO SETTINGS AND PLANNED FUNCTIONALITY
      • 1. DAO tokens
      • 2. DAO Token Holders, Experts, Protectors, Manager, Agents
      • 3. DAO Treasury
      • 4. Classes of Standard Proposals
      • 5. Proposals
      • 6. Investment Projects
      • 7. DAO Voting
      • 8. DAO Design
  • THE DAO LEGAL WRAPPER
  • MONETIZATION
    • "Freemium"
    • $10B Growing Market
  • THE PRO TEAM OF 4 CEOs
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  1. THE JMC DAO MODEL
  2. Voting Mechanism
  3. Voting on Proposals

1. List of Proposals

The List of Proposals contains a list of all submitted Proposals. Within this stage, for a certain period of time (range from "minimum" (V) to "maximum time of Proposal in the List of Proposals" (V), for example, from 24 hours to 1 month), DAO participants can stake their GTs in support of the Proposal. The same tokens in staking may be used to support any number of different Proposals.

Tokens can be withdrawn from the staking at any time, including when the Proposal is in the next "Voting Queue" stage. In this case, the Proposal loses support and no staking reward is accrued (V), or a fine may be charged.

Those Proposals whose support exceeds the "minimum support threshold" go to the "Voting Queue" stage. Others remain on the Proposal List or are withdrawn by the initiator.

Depending on the DAO settings, each Standard Proposal may have their own minimum support threshold. For example, 2% of all GT(V) to assign an Expert and 5% to assign a Protector.

A number of Standard Proposals initiated by an Expert, Protector, or Manager may go straight to the Voting Queue (subject to parameter setting).

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Last updated 2 years ago