Not so long ago The Uplift World metaverse project went through a recent transformation into a DAO based structure. By giving the chance for all existing land holders and Upliftium burners to acquire UDT, or Uplift DAO Tokens, now token holders have the ability to create proposals, cast votes via snapshot.org, and run for committees. Although it has only been a few weeks since the proposal voting has gone live, for the most part things have really heated up in terms of community involvement and interaction. Despite a predominantly positive outcome of engagement and interaction, when moving into a new system, especially one as intentionally organized as governance on the blockchain, growing pains are to be expected. Thus the intent of this series is to give a brief overview on DAO matters in the hope of keeping Uplifters up to date and better streamline our transition towards more efficiency and clarity when it comes to proposals and voting mechanisms now baked directly into everything we at The Uplift collectively represent.
There are essentially two types of accepted proposals the Uplift DAO is looking for, pre-proposals and final proposals.
- Pre-proposals: In order for a proposal to actually be voted on, a pre-proposal is necessary to ensure that there is enough support to garner or warrant a final consideration. This pre-proposal needs to acquire 15M DAO tokens attributed to it in any manner to have pass and be ready for the final proposal to be drafted and go live.
- Final Proposals: These are the proposals that when the voting window has run its course will go in effect.