Occam DAO Governance

The Occam DAO governance framework is exactly what the name suggests — the toolset enabling decentralized governance over Occam’s future path. The governance framework will have various players in the form of Users, DAOs, Guilds, and Ambassadors — each with its own powers!

Think of it as a very simple, tokenized congressional democracy.

How does the voting process work?

The voting process works pretty similarly to the PoS mechanism of the Cardano network, where users stake/delegate to stake pools. In the Occam case, each individual voting power is represented by a NFT, the user delegates his/her NFT voting power to the Guild/DAO to which he/she belongs, and then the Guild leader performs the voting over the proposal.

How is the voting power NFT assigned to each user?

Every time a user hits a new tier by staking or unstaking OCC, an NFT is sent to him/her. The voting power of said NFT is the midpoint of the user tier, leading to a more equitable distribution of said voting power. So, all votes of DAO/Guilds members are equal within their own tier.

Who can create proposals?

Only Guilds/DAOs are allowed to create proposals, individuals can not.

Which are the stages of a proposal?

Any proposal reaches first the intra-guild stage, where members of the Guild/DAO vote, if the voting is positive then the proposal climbs to the inter-guilds stage, and if the proposal hits the positive voting status then is accepted by the Occam DAO and further applied.

Who can vote?

In the intra-Guild stage, members of the Guild where the proposal is created are the ones allowed to perform the voting. In the inter-Guild stage, the voting power of each Guild is delegated to Guild leaders, and they perform the voting on the proposal.

Who is allowed to create a Guild/DAO?

Any user belonging to tier 1, 2, 3 or 4 can start the process of creating a Guild/DAO.

How does a Guild/DAO become valid?

A Guild/DAO becomes valid once the Guild creator/leader gets at least 5 users delegating their
voting power to him/her and besides that, the Guild must have at least one Tier 0 who is basically the one authorizing the Guild.

Who is allowed to create proposals?

Proposals must be born from Guilds, users can not create proposals individually

Who is allowed to receive delegated voting power?

Only the Guild leaders can receive delegated voting power, a non-leader user can not delegate his/her voting power over another non-leader user, and Guilds can not delegate voting power among them

Can proposals be vetoed?

Yes, but only the VCDAO tier has veto rights

Finally, you can read and learn more about Occam Governance by clicking here