EAPES Governance
Project Initiatives
As the landscape of Decentralized Autonomous Organizations (DAOs) continues to evolve, the EAPES DAO emerges as a pioneering governance model, harmonizing decentralization with pragmatic adaptability. Our approach ensures community-driven decision-making, while maintaining flexibility to navigate the complexities of Web3 governance.
🚨 EAPES Governance is exclusively available on MultiversX. There is no governance system for EAPES on Solana. 🚨
At the core of EAPES DAO is a hybrid governance model, blending on-chain and off-chain mechanisms to enhance transparency, accountability, and community empowerment. This structure enables informed decisions regarding resource allocation, treasury management, and brand direction.
🔹 The Hybrid Governance Model
While decentralization is a fundamental pillar of EAPES, it presents challenges such as sustaining momentum, ensuring informed decision-making, and managing governance risks. To address these, the EAPES DAO integrates centralized governance elements, allowing for:
✔ Efficient risk management and regulatory compliance. ✔ Faster decision-making while retaining inclusivity and transparency. ✔ A structured treasury system supporting sustainable growth.
This adaptive model ensures that community engagement and governance efficiency coexist, making EAPES DAO more resilient and scalable.
📍 Governance is strictly limited to EAPES operations on MultiversX and does not apply to assets on Solana or other blockchains.
🔹 Governance Participation: Community-Driven Decision-Making
NFT holders on MultiversX play a critical role in shaping the EAPES ecosystem. Governance is structured around NFT ownership, providing holders with voting rights, treasury influence, and strategic input.
✔ Treasury Decision-Making – Funds are allocated to initiatives that align with the EAPES vision, ensuring long-term sustainability. ✔ Strategic & Brand Decisions – The community actively participates in major financial and branding choices. ✔ Collective Ownership & Governance – NFT holders directly influence DAO treasury allocations, reinforcing shared governance principles. ✔ Empowerment & Responsibility – Every NFT holder contributes to decision-making, strengthening transparency, fairness, and engagement.
📍 NFT holders on Solana are not part of the EAPES governance structure and do not have voting rights within the EAPES DAO.
🔹 Voting Power & Decision-Making Process
Voting in the EAPES DAO is based on NFT ownership on MultiversX:
✔ Prime NFT Holders – Each Prime NFT grants five voting points, giving it substantial influence. ✔ Non-Prime NFT Holders – Each Non-Prime NFT carries one voting point per NFT, ensuring equitable participation.
Quorum Requirements & Voting Procedures
✔ The quorum for proposal approval is set by the EAPES team, ensuring that decisions reflect community participation and project needs. ✔ Proposals are first reviewed by Prime NFT holders. Once approved, they proceed to community-wide on-chain voting at the EAPES Consensus Coliseum. ✔ Voting duration is determined by the team to ensure flexibility in the decision-making process.
📍 All governance-related decisions and votes apply only to MultiversX.
🔹 Evolving Governance Through Education & Engagement
The EAPES DAO is committed to continuous education and open communication, ensuring that members are well-informed and actively engaged in shaping the future of the ecosystem.
✔ Open Communication Channels – The EAPES Club ‘Suggestions’ channel allows members to propose new initiatives and governance ideas. ✔ Onboarding & Education – Comprehensive onboarding programs and educational materials will empower community members to participate effectively in governance. ✔ Active Transparency – Frequent community updates and direct engagement with the EAPES team will reinforce trust and inclusivity.
📍 These governance initiatives do not extend to EAPES assets or activities on Solana.
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