DAO structure

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The CannabisAI DAO operates as a decentralized and community-driven ecosystem where token holders have the power to shape the future of the project. Below is an overview of the DAO structure:

Membership and Proposals

• Token holders can stake their $CANNABISAI tokens in the membership system, accessible via the token page on Creatorbid.

• Members who stake 21,000 tokens (0.1% of the total supply) gain the privilege to submit proposals for consideration by the DAO.

Voting Rights

• All DAO members are eligible to vote on proposals through the dashboard on the CannabisAI website.

• The strength of a member's vote is proportional to the amount of tokens they have staked in the DAO.

Staking and Cooldown Period

• A 14-day cooldown period applies when members unlock their staked tokens.

  • During this period, the unlocked tokens lose both voting rights and eligibility for staking rewards.

  • This mechanism is designed to prevent potential manipulation of the DAO.

Revenue Distribution to Stakers

• A variable percentage of the total revenue is distributed to stakers, determined by the proportion of tokens staked in the DAO.

  • For example:

    • If 30% of tokens are staked, 30% of the total revenue is allocated to stakers.

    • If 40% of tokens are staked, 40% of the total revenue is allocated.

  • There are predefined thresholds to ensure fairness:

    • Minimum Revenue Allocation: 20%

    • Maximum Revenue Allocation: 50%

  • These thresholds can be adjusted through a community vote.

Visual Representation

• A detailed illustration of the staking revenue thresholds is available for community reference.

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This structure ensures transparency, fairness, and active participation, empowering the community to collaboratively guide CannabisAI DAO's future.