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.