Aragon DAO
PieDAO is originally based on the Aragon Dandelion Template.
DOUGHv1 was the original non-transferable governance token of the organization.
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 pie-crust, a module that calculates the voting weight of holders based on the sum of DOUGHv1 and DOUGHv2 both.
Vote weight = (DOUGH+DOUGHv2)
Vote weight = veDough
Last modified 2yr ago