The proposal determines the terms, conditions and parameters of future proposals if passed by token holders.
Real estate developers said on Tuesday that SundaeSwp, a well-known decentralized trading center (DEX) at Cardano, the company's headquarters, had already given its first proposal for governance on the chain. The vote on the proposal lasted until February 19th.
"up to now, it is not clear exactly how this kind of governance should be carried out," the proposal states. The SundaeSwp laboratory recommends that such governance apply internally developed auditable offline governance techniques, as well as a set of systems and procedural processes that can make decisions, resolutions and future recommendations in accordance with the relevant decentralization protocols.
The proposal confirms the relevant terms, conditions and main parameters of future proposals relating to the SundaeSwp Governance Forum. The process of all applications can be changed in the near future with another governance recommendation.
According to the proposal, at least 10000 smoothies in all wallets will be able to fluctuate the new proposal to the SundaeSwp community after the initial "temperature test"-the basic test bed for new ideas. Once the plan fluctuates, it cannot be edited.
The host of the governance program will be selected by the vote of the group members in order to maintain the neutral discussion in the community forum. Each version of the manager provides a Smano wallet address, which is announced as the forum moderator of the SundaeSwp decentralized Autonomous Organization (DAO) for a term of one year. However, the first three moderators served for June, nine months and December, respectively.
Like other decentralized trading centers (DEX), SundaeSwp provides financial information services to users through blockchain smart contracts, which were worth more than $8.7 million as of Wednesday. Chain governance is a business strategy used by the login password new project, and the dynamic password holder makes clear recommendations for changes to the project and then votes.