Governance model

Our goal is to establish a DAO with working, trustless governance. This is not an easy task by any measure, and is not something that will be rushed. All are welcome to discuss how the future DAO should work, as well as how the current governance model works, by participating on our forums and in the #governance channel of our Discord server. The Wolf Society DAO is ultimately governed by its community - DAO token holders, via forum discussions and, when pertinent, voting on proposals held on the Wolf Society Snapshot. Wolf Society DAO token holders must stake their tokens first before voting. At this time, only proposals posted to the Snapshot voting system by DAO members who hold and stake at least 10,000 DAO tokens can be considered binding if passed with a quorum.

Major structural changes and use of the DAO treasury wallet are voted on by the community, whereas smaller changes affecting operations are decided on by the core team.

It is permissionless to submit soft proposals on the Wolf Society forum, and official proposals on the Wolf Society DAO Governance Module (Snapshot). It is permissionless to hold DAO tokens, stake DAO tokens, and vote on proposals.

All decisions, from launching new initiatives to transferring and recalling treasury resources, assigning and modifying powers to operating teams, and implementing corrective actions, are subject to proposals and voting by the Wolf Society DAO token holders.

Wolf Society DAO treasury is administered by a multi-sig wallet. Any use of the DAO treasury wallet requires that the Multisig sign it, which they will only do if it is clearly by the will of the community and has had a passing vote by quorum. There must be at least 4 out of 6 signatures for a transaction to be approved.

The Multisig members are trusted members of the Wolf Society DAO.

The community-driven organization model prioritizes collective decision-making and equitable revenue distribution.

Revenue generated by Wolf Society DAO is distributed to DAO token holders (DAO members) proportionally to their holdings. The distribution of revenue shares is always triggered by a proposal from DAO members and an associated vote via the Wolf Society DAO governance platform. Revenue share distribution is done at least once a year, is automated and transparent, governed by the DAO's smart contracts. Members can earn revenue share through staking their DAO tokens, and by participating in governance decisions that unlock shared profits.

The Wolf Society DAO generates revenue through:

The Wolf Society DAO treasury allocates the resources to:

Treasury movements can be tracked via the Treasury Monitor.