DAO Governance

Rayvo DAO is governed by the community, where decisions are made by token holders who earn governance rights through their participation in the ecosystem. Governance is driven by $RVO token holders, who use their tokens to vote on key proposals that directly impact the development and operation of the Rayvo platform.

Ways to Participate in Rayvo DAO Governance

Holding Governance Tokens: Holding Governance Tokens are the basis for participating in Rayvo DAO governance. Token holders typically possess voting rights and can vote on community proposals.

Participating in Voting: For governance proposals submitted by the community, Governance Token holders can participate in voting, express their opinions, and influence the final decision outcome.

• Voting on whether to proceed with protocol version upgrades.

• Voting on whether to establish partnerships with other projects.

• Deciding whether to adopt new functions.

• Voting on important proposals submitted by the community.

Submitting Proposals: Community members can submit their own proposals based on the governance framework and rules, such as improving protocols, optimizing features, adjusting parameters, launching community activities, etc.

• Allocating resources for ecosystem development.

• Developing community incentive programs and reward mechanisms.

• Adjusting token economic model parameters, such as inflation rate, reward distribution ratio, etc.

• Planning ecosystem expansion directions, such as supporting new application scenarios or industry sectors.

Participating in Governance Discussions: Actively engage in governance discussions in community forums, social media, and other channels, contributing their ideas and viewpoints, influencing the formation of community consensus.

Becoming a Governance Delegate: Allow token holders to delegate their voting rights to more active or specialized community members or delegates for governance participation.

Tools for Governance

Rayvo leverages advanced governance tools like Snapshot and Tally for seamless proposal submission, voting, and tracking. These tools provide the infrastructure for secure, transparent, and verifiable decision-making, making it easy for token holders to participate in shaping the future of the Rayvo ecosystem.