Tezos Domains DAO functions as the principal governing entity for Tezos Domains. This DAO (Decentralized Autonomous Organization) has the authority to implement proposals about treasury fund allocation, pricing adjustments, policy changes, contract upgrades, and the overall direction of Tezos Domains, as specified by the Constitution.
TED is the governance token that lets you vote within the Tezos Domains DAO. To acquire voting power, TED holders need to deposit their tokens into the governance pool, which in return will yield a separate token, TEDv. This TEDv token represents the voting power of the depositor. At any time, TEDv holders can retrieve their initial TED tokens by returning their TEDv.
In addition, the act of depositing TED into the governance pool also initiates a reward mechanism, allowing the depositor to continuously earn rewards from the pool.
Delegation is a model that has proved itself in the past, improving participation and effectiveness of other decentralized governance projects. Our philosophy is simple:
The Governance Forum is the primary place to discuss proposals put before the DAO, create new proposals, and discuss all things related to the DAO. Tezos Domains has collaborated with Homebase to provide a robust off-chain voting platform. Please consult the Proposal Process to learn how you can influence the future of Tezos Domains by creating new proposals.