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  • Configuration
  • PIP-60 Release Impact — October 4th 2021
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  1. Governance

Aragon DAO

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Last updated 3 years ago

PieDAO is originally based on the Aragon . DOUGHv1 was the original non-transferable governance token of the organization.

Configuration

Parameter

Description

Value

Support

Relative percentage of tokens that are required to vote “Yes” for a proposal to be approved. For example, if “Support” is set to 50%, then more than 50% of the tokens used to vote on a proposal must vote “Yes” for it to pass.

60%

Minimum Approval

Percentage of the total token supply that is required to vote “Yes” on a proposal before it can be approved. For example, if the “Minimum Approval” is set to 20%, then more than 20% of the outstanding token supply must vote “Yes” on a proposal for it to pass.

10%

Vote Duration

Length of time that the vote will be open for participation. For example, if the Vote Duration is set to 7 days, then token holders have 7 days to participate in the vote.

3 days

Following PIP-12, DOUGH started migrating to DOUGHv2 at will, with a rate of 1 DOUGHv1 per 1 DOUGHv2. During the migration, governance has been migrated to , a module that calculates the voting weight of holders based on the sum of DOUGHv1 and DOUGHv2 both. Vote weight = (DOUGH+DOUGHv2)

PIP-60 Release Impact — October 4th 2021

Following and the introduction of Governance Mining, veDough becomes PieDAO's Governance Token, and voting will be exclusively done through .

Vote weight = veDough

More about Governance Mining .

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PIP-60
Snapshot
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