Governance Overview
Bring Decentralized Finance to 3 Billion people with NEP
NEPRIDAO will be owned and governed by NEP token holders. Our initial policy is for the following actions to be executed only after a successful proposal and vote:
token swaps with existing and emerging projects.
merging and acquisitions
treasury allocation into various projects or independent entities (in the form of funding, liquidity support, and grants)
updates to NEPRIDAO core protocols (including governance and treasury management functions).
We imagine that these policies will change overtime after discussions with the NEPRIDAO community.
In Phase 1 NEPRIDAO will utilize the industry standard setup of Gnosis Safe, Gnosis Snapshot off-chain governance, and multi-sig administrators.
In Phase 2 NEPRIDAO will look to build a custom governance module, most likely referencing on-chain upgradeable solutions such as Compound Governor Bravo.
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