Mother DAO#
The Mother Decentralized Autonomous Organization (DAO) is the main tool that oversees the Power Protocol, controls the emission of $PWR, manages the Treasury, and defines mechanics of Child DAOs.
Features#
The Mother DAO has the following features:
| Feature | Description |
|---|---|
| Token Emission | Governs the emission schedule and minting parameters of $PWR. |
| Treasury Oversight | Manages the Treasury and its funding allocation. |
| DAO Creation Rules | Defines and enforces rules for Child DAO creation and activation. |
| Arbitration | Arbitrates disputes escalated from Child DAOs. |
| Parameter Control | Configures protocol parameters such as epoch cycles, quorum thresholds, pass ratios, and reward rates. |
Governance Process#
Mother DAO decisions follow a staged governance process:
- Stage 1: Proposal Submission.
- Stage 2: Voting Period.
- Stage 3: Quorum and Majority.
- Stage 4: Execution.
- Stage 5: Epoch Closure.
Stage 1: Proposal Submission#
Any stakeholder with at least 1 $PWR staked may submit a Proposal. Proposals define changes such as treasury allocation, parameter updates, or Mission DAO activation.
Stage 2: Voting Period#
Proposals enter a fixed voting window aligned with the epoch system (minimum of 1 month). During this time, all stakeholders may cast votes, accounting for their Voting Power.
Stage 3: Quorum and Majority#
For a proposal to pass, it must meet quorum requirements and exceed the majority threshold defined by protocol parameters.
Stage 4: Execution#
Once approved, proposals are executed directly by Smart Contracts. Execution may involve updating protocol parameters, minting tokens within caps, or allocating treasury funds.
Stage 5: Epoch Closure#
At the end of each epoch, rewards are distributed. Any participant can trigger epoch closure to finalize voting results and initiate reward settlement.