Voting Process

The ETHEOS DAO uses a democratic voting system that allows all token holders to participate in governance decisions. Voting power is determined by the number of $THEOS tokens held or staked, with a quadratic voting mechanism to ensure fair representation.

Voting Process Steps:

1. Proposal Submission: Any community member with the minimum required $THEOS tokens can submit a governance proposal.
2. Discussion Period: Each proposal undergoes a 3-day discussion period where community members can provide feedback and suggest improvements.
3. Voting Period: After the discussion period, proposals enter a 7-day voting period where token holders can cast their votes.
4. Implementation: If a proposal passes with the required quorum and approval threshold, it moves to implementation by the core team or designated contributors.

All voting activity is recorded on-chain and permanently stored on Arweave, ensuring complete transparency and immutability of governance decisions.

ETHEOS DAO uses quadratic voting to balance democratic participation with token-weighted governance. This system prevents wealth concentration while still rewarding those who have a greater stake in the ecosystem.

Quadratic voting encourages users to vote on proposals they care most about, rather than spreading their voting power across all proposals. This leads to more thoughtful and engaged governance participation.

Benefits of Quadratic Voting:

• Prevents plutocracy (rule by the wealthy)
• Encourages focused participation on issues that matter most to each participant
• Balances the influence of large and small token holders
• Reduces the impact of vote buying or collusion
• Creates a more democratic and representative governance system

$THEOS tokens are the governance tokens of the ETHEOS DAO, representing voting power and ownership in the ecosystem. These tokens can be earned through various contributions to the Public Domain or acquired through supported exchanges.

Token Utility:

• Governance Voting: Cast votes on proposals using quadratic voting
• Proposal Creation: Submit new governance proposals (requires minimum token threshold)
• Staking Rewards: Earn additional tokens by staking and participating in governance
• Access to Premium Features: Certain advanced features in the ecosystem may require token holdings

The token economics are designed to align incentives across the ecosystem and ensure long-term sustainability of the Public Domain and its governance.