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

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