Swan Chain
  • BULDERS
    • Getting Started
    • DApp Developer
      • Deploying Your First Smart Contract with Remix
      • Interacting with Smart Contract on Swan Chain Using Go
    • App Developer
      • Building Docker Images and Deployment file with LDL
        • Lagrange Definition Language(LDL)
      • Deploying with Swan SDK
      • Store and Retrieve a File with Swan Storage
        • 1. Set up the python-MCS-SDK
        • 2.Create and Manage Buckets
        • 3.Upload Files and Folders
        • 4.Retrieve and Download Files
        • 5.Delete Files and Buckets
    • Node Operator
      • Swan Node Snapshots
    • Market Provider
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      • AI/ML Orchestrator
        • Decentralized AI Marketplace
        • Connect to Orchestrator
      • Web3 ZK Computing Market
        • ZK Auction Engine
        • Sequencer
        • Contribute zk-UBI-task
          • How to Contribute
        • Example
      • Customized Market Provider
    • Computing Provider
      • Fog Computing Provider(FCP)
        • FCP Setup
        • Migrating FCP to Swan Mainnet
        • FCP Funding Operations Guide
        • FCP FAQ
      • Edge Computing Provider (ECP)
        • ECP Setup
        • ECP Funding Operations Guide
        • ECP FAQ
      • FAQ
    • Storage Provider
      • Storage Auction System
    • Developer Tools
      • Swan SDK
        • Python Swan SDK
          • Special Case: Create ssh login instance
          • SWAN Orchestrator SDK - Function and Parameter Reference
        • Go Swan SDK
          • A Sample Tutorial
      • Swan Console
        • Getting Started
        • Blockchain GPU Task Example
        • Custom Blockchain GPU Task Pools
      • Lagrange
      • Swan IPFS Storage
      • Nebula Block Cloud
      • Ecosystem Projects
    • Mission 3.0
      • Get Started
        • For Users
        • For Space Holders
  • NETWORK REFERENCE
    • Network Info
      • Set Up Your Wallet
      • Bridge Token
    • Contract Addresses
    • Fees
  • Core Concepts
    • Introduction to Swan Chain
    • Consensus Layer
    • Peer-to-peer (P2P) Network
    • Payment Channels
    • Service Discovery
    • Market Provider
      • Storage Market
      • AI Computing Marketplace
        • Orchestrator
        • Auction Engine
        • Bidding Task State Machine
      • ZK Proof Marketplace
        • ZK Task
        • ZK Pool
    • Storage Layer
    • Computing Layer
      • Computing Provider Protocol
      • Computing Provider Account
      • Layer3 Computing Protocol
      • Reputation System
      • Dynamic Pricing
    • CDN Layer
    • Tokenomics
      • UBI Allocation Curve
      • Computing Provider Income
      • Computing Provider Collateral
        • Collateral Requirement and Computing Unit
        • DePIN Oracle
      • Governance
        • Treasure DAO
    • Glossary
  • Swan Chain Campaign
    • Swan CP UBI
    • Swan Chain Mainnet
      • Network Information
      • Swan Token
      • Swan Chain Mission
        • Social Mission
        • Onchain Mission
        • Mission: Celestial Bloom
      • Swan Provider Campaign
        • Fog Computing Provider (FCP)
        • Edge Computing Provider (ECP)
        • Market Provider (MP)
      • GALXE Campaign
      • Free Tier and Special Credit Programs
    • Atom Accelerator Race
      • Before You Get Started
        • Set Up MetaMask
        • Claim SepoliaETH
        • Claim testSWAN
      • CP Acceleration Program
      • Builder Acceleration Program
      • On-chain Interaction Race
      • Community Engagement Challenge
      • FAQ
    • Swan Saturn Testnet
      • Before You Get Started
        • Set Up MetaMask
        • Claim Faucet Tokens
        • Bridge Tokens
      • Transaction Drive Program
      • Community and Educational Events
      • Partnership and Integration Program
      • KOL Program
      • Computing Provider Program
        • FAQ
      • Developer Grant Program
      • FAQ
    • Swan Jupiter Testnet
      • How to Participate
      • Before You Get Started
      • Network Early Adopter
      • FAQ
  • RESOURCE
    • Links
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  1. Core Concepts
  2. Tokenomics

Governance

The SWAN DAO Governance is the backbone of the SWAN network, ensuring that decisions are made in a decentralized, transparent, and community-driven manner. It not only embodies the principles of decentralized autonomous organizations but also oversees the strategic management of the network's treasury.

Key Components of SWAN DAO Governance:

  1. Committee Structure:

    • Representation: The committee comprises representatives from various stakeholder groups, including SWAN token holders, core developers, builders, and other contributors.

    • Election: Committee members are elected through a transparent voting process, ensuring that those with the network's best interests are at the helm.

  2. Decision-making Process:

    • Proposals: Any member of the SWAN community can submit proposals for consideration. These can range from protocol upgrades to budget allocations.

    • Voting: Proposals are put to a vote, with outcomes determined by the majority. The weight of a member's vote can be determined by factors like the number of SWAN tokens held, tenure in the community, or other criteria set by the DAO.

    • Implementation: Once a proposal is approved, it moves to the implementation phase, overseen by the relevant sub-committees or teams.

  3. Transparency:

    • Open Ledger: All financial transactions, decisions, and votes are recorded on a public ledger, ensuring complete transparency.

    • Regular Reporting: The committee provides regular updates to the community, ensuring they are kept in the loop about decisions, financial status, and other relevant matters.

  4. Community Engagement:

    • Feedback Channels: Multiple channels (forums, chats, town halls) are available for community members to voice their opinions, concerns, and feedback.

    • Educational Initiatives: The DAO organizes workshops and webinars to educate members about governance processes, ensuring informed decision-making.

  5. Treasury Management:

    • Allocation: The SWAN DAO oversees the network's treasury, strategically allocating funds for various initiatives, including collateral rewards, investments, community building, Network Tasks, and Creator Rewards.

    • Budget Oversight: Regular audits and reviews ensure that funds are being used judiciously and in line with the community's interests.

    • Investment Strategy: A portion of the treasury is invested in promising projects or assets, aiming to grow the treasury's value over time.

    • Compensation: The DAO manages compensation for job creators, especially when the UBI rate exceeds the target. This ensures a balance between incentivizing job creation and providing UBI.

  6. Continuous Evolution:

    • Adaptability: The governance model is not static. It evolves based on feedback, changing network needs, and the broader blockchain landscape.

    • Protocol Upgrades: The DAO is responsible for overseeing and implementing protocol upgrades, ensuring the SWAN network remains cutting-edge.

In summary, the SWAN DAO Governance ensures that the SWAN network remains decentralized, transparent, and in tune with its community's needs. Through a structured yet flexible approach, it ensures that the network grows sustainably while staying true to its foundational principles. The treasury management aspect ensures that the network's financial resources are used strategically, fostering growth and stability

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Last updated 7 months ago