Voting

All proposals go through a voting system that is divided into 3 instance. Just as with proposals, in order to vote, the user must meet the engagement criteria.

To ensure that each user has an equal say in the direction of the project, and that no one person or group can make decisions that could potentially harm the system as a whole, each wallet will count only one vote per proposal. Any attempt to dissolve funds to obtain more votes could result in the permanent loss of voting rights.

Only positive votes are counted. This means that if there are no votes, it is as if every proposal were rejected 100%. It also means that members of the DAO do not need to cast negative votes.

Each instance has specific criteria:

First Instance

Token Holders ($cys).

1. Every proposal submitted will be available for voting in the first instance for one week from the date of publication.

2. To move to the second instance, the proposal must accumulate at least 51% of the votes during the voting period.

Second Instance

Netrippers Holders.

1. One more week will be available for the continuation of the vote.

2. There are three scenarios for the proposal in a second instance:

   2.2. If the proposal gets less than 51%, it is rejected. 2.3. If the proposal gets between 51% and 65%, it goes to the third instance. 2.4. If the proposal gets more than 66%, it is approved without the existence of a third instance.

Third Instance

Core Team.

If the proposal reaches the third instance, the core team will carry out a technical evaluation and present the considerations, leading to final approval or rejection.

Application

Once a proposal is approved at all stages of the voting process, the changes will start to be applied in the ecosystem.