Governance

The governance of the DAO will be run through member voting.

• Be a member of governance body of the DAO with voting rights

• The right to submit proposals for voting

• The right for sourcing and diligencing new projects to invest (including yours)

NFT-weighted quorum voting

• Members of the GF DAO can buy and hold an unlimited number of GF DAO NFTs.

• Every NFT (not holder) has a vote weight of 1.

• The weight of a vote is the number of NFTs held by the voter.

Primary Proposals*

Investments proposals, high stake decisions and all the proposals about DAO governance are primary proposals and require:

• 10% minimum participation (quorum)

• 66% pass rate

• Voting Period: 24 hours

Secondary Proposals*

All the other proposals that don't require the entire DAO's input

• 3% minimum participation (quorum)

• 50% pass rate

• Voting Period: 24 hours

*In the event that a proposal receives a majority of "yes" votes but fails to meet the necessary quorum, a second vote will be conducted immediately and without a quorum requirement