Elaborating in detail on the Uplift DAO governance mechanisms
Operating as a DAO, the Uplift community is able to engage as actors of governance, making joint informed decisions on a variety of proposals.
Community discussions are being held on Discord. The voting on the proposed ideas takes place on the gasless decentralized platform Snapshot.
Staking Power is required to participate in voting. Your voting power depends upon the amount of Staking Power generated from locking your LIFT in a staking contract.
What is required for a proposal to be accepted?
In order for a proposal to pass, it has to be supported by the majority of votes (>50%).