It is a paradox that most of Olympus DAO forks are not actually functioning as a DAO, and only the core team is making decisions.
Paradox DAO is powered by a DAO. That’s where Paradox DAO name comes from.
<aside> 🔰 Every aspect of how this protocol operates will be decided by the users. Nothing will be done without a vote by the community.
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We understand that the perfect DAO architecture doesn’t exist...yet. But here’s is our approach.
Our Discord's most hardcore users, the ones who have achieved certain level of devotion to the project are the ones eligible to propose.
This is the core of the community. Once you reach the first VIP role, you’ll have access to this category, where all the decisions take place. Expect a highly intelligent talk without memes or stickers.
<aside> 🧑🚀 We firmly believe that the users who promote the project the most and are more participative, are the ones with the right to decide at least what to vote and launch proposals.
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Find out more about The Community structure at the 👨🚀 Discord Guide
Proposal’s template to be used in Discord. To start a proposal you must start a new public thread in the Governance Channel
Proposal title: ___ One-liner: a short description of the suggestion Details: a detailed description of your suggestion. Expect The DAO to only consider the suggestions which are reasonable and well-rounded Rationale: how will the proposal help the community/ecosystem, why the DAO should approve it
Snapshot is an off-chain gasless multi-governance client with easy to verify and hard to contest results.
It provides flexibility on how voting power is calculated for a vote. Snapshot supports various voting types to cater to the needs of organizations. Creating proposals and voting is user-friendly and does not cost gas as the process is performed off-chain.
After the community accepts a proposal, a voting period will begin.
PRDX and sPRDX holders have the right to vote whether to accept the proposal or not.
sPRDX will count as a higher voting power with a factor of 1.5 over PRDX, the reason is simple: users who stake are users who contribute more to the project, therefore they must have more decision power.