Empowering HiveVerse with Decentralized Governance from day 1!
HiveDAO: Governance and Functionality
HiveDAO is the decentralized autonomous organization which orchestrates a plethora of powerful functionalities, paving the way for users to exercise their power and shape the ecosystem's destiny.
🗳️ Staking for Governance 🗳️
Stake to make a difference! Users can stake their HiveCards to accrue voting power over the DegenHive protocol. As a sweet bonus, staking also imparts a multiplier on your HiveCard's HiveGems, depending on the staking lockup duration. This strategy encourages active participation in governance and rewards committed users.
💡 Proposals: Your Ideas Matter 💡
The HiveDAO fosters an environment where every idea counts! Users can table proposals related to a vast spectrum of governance actions. This can encompass setting schedules for PoolHives, updating kraft fee set for HiveProfile or AMM Pools, or injecting new skins into the DAO. Through this proposal framework, community members can be architects of DegenHive's future.
🎨 Composability and Craft New Hive Skin 🎨
Our HiveSkins usher in an era of composability within the DegenHive ecosystem. Developers can unlock a myriad of possibilities by harnessing HiveSkins to engineer new experiences. They can extend the HiveCards' intellectual property (IP) using off-chain generative AI APIs, amplifying the HiveCards' functionality and aesthetics.
The "Craft New Hive Skin" feature is a unique tool, available through the HiveSkinKraftCap Object. It empowers developers and HiveCard holders to tailor fresh skins for HiveCards. When a public mint is initiated, HiveCard holders can levy a specific percentage fee on the minting process. The balance is then distributed among HiveProfile users, fueling a community-centric approach.
HiveDAO embodies our commitment to decentralized governance. We welcome you to become an active participant and shape the course of the HiveVerse! 🌐🚀
🗝️ Making and Executing Proposals: From Thought to Action 🗝️
Craft the future of the ecosystem with the types of proposals you can generate within the DegenHive DAO:
Curve Type 📈 Alter the default fee for a particular curve type. Remember, the changes apply to new pools only and don't affect the existing ones.
Creation Fee (2/3 Token Pool) 🎨 Update the creation fee for 2/3 token pools. This fee comes into play when new LiquidityPools sprout on DegenHive.
DEX DAO Configuration ⚙️ Change the DEX DAO configuration, useful for LiquidityPool-related proposals.
Pool Hive Points 🎯 Modify the pool hive points, influencing the distribution of reputation incentives among PoolHives.
Hive Profile Configuration 👤 Update the configuration parameters for the Hive Profile Module, including the maximum number of bids per card, profile mint fee, and royalty fee distribution.
Supported Skins 🌈 Propose the addition of a fresh skin to the supported list within the Hive DAO.
The "Cast Vote" function allows users to exercise their voting rights on proposals, adjusting votes according to past behavior.
The "Execute Proposal" function facilitates the implementation of a proposal, causing state transitions within the designated module. Proposal types for execution include:
Execute Proposal: From Ideas to Action 💼
The "Execute Proposal" function triggers the execution of a proposal, leading to state transitions within the defined module. Execution proposal types include:
Default Fee (Curve Type)
Treasury Percentage and Distribution
Creation Fee (2/3 Token Pool)
Hive Profile Configuration
Whitelisting a New HiveSkin
Engage with the HiveDAO to become a part of the ever-evolving DegenHive ecosystem, shaping its future through governance, proposals, and voting. 🚀