Voting

Each capneo token holder would be part of the capneo DAO and would therefore be entitled to participate in the governance of the DAO. The voting structure applied at the start of capneo DAO is a quadratic voting. capneo DAO may evolve over time and so may the governance. In order to diversify the voting rights of individual community members and to generally ensure fair and secure voting, the voting structure will continuously evolve and thus go beyond pure token-based voting models. There are many approaches to this. Examples of governance approaches for voting include:

+ contribution and reputation-based voting

+ adding time delays before voting occurs

+ limiting governance to defined parameters

+ contribution verification

to increase the voting power of community members who play an active and valuable role in the development of capneo DAO.

In the beginning the capneo DAO uses Snapshot as its governance platform, so every community member can easily be an active participant. There will be one Snapshot account for general DAO governance. Here, community members can participate in the voting with their $CAP tokens and the respective multiplier they may have from holding Seed NFTs. Another Snapshot account will be specifically targeted at the individual capneo verticals. Here, there will only be proposals that have a significant influence on individual project pillars. Each member can take part in the governance by holding Seed NFTs in their wallet.

Even if capneo DAO members stake their tokens or provide them as liquidity, they still can participate in the governance as if they hold them in their wallet directly.

For DAOs an engaged community is highly important, especially when it comes to the voting. The more token holders participate in decentralized votings, the more the community is reflected.

Source: vitalik.ca - Moving beyond coin voting governance