While often overlooked, DCORP’s Governance Proposal system is not something to be ignored. As a democratic corporation, the smart contract technology underlying DCORP allows many governing actions and decisions to take place that both tokenholders and board members are able to propose.
Below is a chart illustrating the governance and proposals available to the DCORP community and board members.
To allow swift decision-making, governance proposals with low impact, may be approved by an Advisory Board’s vote. When submitting a proposal that satisfies the criteria of ‘governance proposal (AB)’, the submitter is free to submit the proposal that requires the token holders to vote. Governance proposals that can be approved by the Advisory Board include:
Governance proposals that change business rules, have a large impact on token holders or cannot be voted on by board members because their interests could conflict, must be approved by a token holders’ vote. Governance proposals that need token holder approval include: