Ethernity Layer 2
  • Introduction
    • 🌎Introducing Ethernity Chain
    • ℹī¸General Information
    • đŸ’ŗConnect your wallet
    • 👩‍đŸ’ģNetwork Information
  • ERN TOKEN
    • đŸĒ™ERN Tokenomics
    • đŸĨ‡Privileges for ERN Holders
  • DEFI PRODUCTS
    • đŸŽ¯Fixed Staking
    • 🤑Satoshi Staking
    • 💎Stones Farming
  • GOVERNANCE
    • 🏛ī¸DAO
  • DRM
    • 🧠Introduction
    • ❓How it works
    • đŸ’¯Authenticity Confidence
    • â„ĸī¸Protected brands/licenses
    • ➡ī¸Add your Collection
  • DEVELOPER TOOLS
    • đŸ’ģNetwork Information
    • 📔Addresses
    • 🗂ī¸Indexers
    • đŸ’ŗWallets
  • TUTORIALS
    • Deploy a Smart Contract
      • With Hardhat
      • With Foundry
      • With Remix
    • ✅Verify a Smart Contract
    • 💰Create an ERC-20 token
    • 👷Create an NFT Collection
  • SECURITY
    • 🔎Audits
    • 🎁Bug Bounty
  • OTHER
    • 🧑‍🤝‍🧑Community
    • 📚Media Kit
    • 🔏Privacy Policy
    • 📄Terms of Service
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  1. GOVERNANCE

DAO

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Last updated 11 months ago

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Ethernity's Decentralized Autonomous Organization (DAO) provides a structured framework for community involvement in governance decisions. Here are the key details:

To qualify as a voting member, individuals must meet one of the following criteria:

  • Have 10 ERN locked in Fixed Staking

  • Hold a minimum of 10 ERN in their wallet

  • Engage in Stone Farming with 10 ERN

  • Stake 1 LP token

  • Own 1 Ethernity NFT

  • Possess 1 Genesis Satoshi NFT

A snapshot of wallets linked to Ethernity profiles will be taken 24 hours before each vote. Eligible participants can cast their votes on matters concerning Ethernity and related Ethernal Labs projects.

Should a user not meet the minimum requirements, they won't be able to participate in the vote.

Each eligible participant's vote carries equal weight, and they can only vote once on each issue. Once cast, votes are considered final, and live results are immediately displayed on the DAO page.

Additionally, the team will submit proposals for voting on an ad hoc basis. We encourage users to utilize our Discord and #DAO channel to raise topics for potential future proposals.

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