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