Guardians of Amazonia

Mechanics of GOA DAO

GOA DAO is a decentralized autonomous organization designed to offer transparent, trustless, and efficient governance. Here’s how it works:

Anyone holding GAO DAO tokens is a member.

Tokens can be acquired through participation in the GAO DAO ecosystem or via exchanges.

Any member can submit a proposal for consideration. Proposals can range from project funding requests to changes in governance structure.

Token-Based Voting: Each GAO DAO token represents one vote. Members vote on proposals using their tokens.

Each proposal has a defined voting period, typically 7 days.

A minimum quorum must be met for a proposal to pass, and a majority approval is required.

AThe DAO’s treasury is managed through community votes. Funds are allocated to projects and initiatives based on member-approved proposals.

All transactions and allocations are recorded on the blockchain, ensuring complete transparency.

Members can stake their GAO DAO tokens to participate in governance and earn rewards.

Stakers receive rewards from the DAO’s revenue streams, which can include transaction fees, project profits, and other income sources.

Rewards are distributed proportionally based on the number of tokens staked and the duration of the stake.

All operations, including voting, treasury management, and reward distribution, are executed via smart contracts.

Smart contracts are audited regularly to ensure security and reliability.

GAO DAO’s codebase is open source, allowing for community review and contributions.

Regular audits are conducted to maintain the integrity of the DAO’s operations.

Members can monitor the performance of the DAO, including trading bots and other initiatives, via the dashboard.

Members are encouraged to participate in forums and discussions to share ideas and feedback.

GAO DAO partners with other projects and organizations to enhance its ecosystem and provide additional benefits to members.