EAPES Whitepaper
  • EAPES Whitepaper
  • 1️⃣Introduction
    • About EAPES
    • Why MultiversX & Solana?
    • Bridging the Digital and Physical Worlds
  • 2️⃣Framework for a Virtual Economy
    • Virtual Identity
    • Virtual Assets
    • Virtual Currency
    • Virtual Society & Entertainment
    • Virtual 3D Worlds
    • Virtual HUBS
      • Virtual Marketplace HUBS
      • Virtual Business HUBS
      • Virtual Innovation HUBS
  • 3️⃣EAPES Island
    • Master Plan
    • EAPES Island Zones
      • Residential Coastal Zones
      • Residential Inland Zones
      • Commercial Zones
      • HUB Zones
        • Business HUB
        • Retail HUB
        • Design HUB
        • "Other Worlds" HUB
    • Digital Asset Ownership
      • Preorder and Redemption Process
      • 3D EAPES
      • Real Estate
      • Houses and Businesses
      • Upgrade Skins and Customization
      • Project Owned Assets
      • Custom EAPES
    • Economy & Commerce
    • Gameplay
    • Social & Entertainment
    • Technology
  • 4️⃣Project Initiatives
    • Digital Platforms
    • Community
    • Prime Community
    • EAPES Lore
    • Raffles
    • EAPES Launchpad
    • Merch Store
    • EAPES Governance
    • EAPES Creator Studios
  • 5️⃣EAPES Tokens
    • Tokenomics
      • Banana Points & Halvings
      • Banana Points Exchange Program (BPEP)
      • Token Burn System (TBS)
      • Staking Pools
    • Utility
      • Earn
      • Spend
      • Buy
  • 6️⃣Summary
  • 7️⃣Links & Resources
  • 8️⃣Disclaimer
  • 🔶3D EAPES Launch
    • 3D Preorder SFT Releases
      • Release 1A - Sold Out
        • Release 1B
      • Upcoming Releases
    • 3D SFT Redemption
    • 3D Lower Body Guide
      • Find Your Bottoms Form
      • 3D Lower Bodies
  • 🔹Roadmap
    • 2024
  • 🔹EAPES Litepaper
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  1. Project Initiatives

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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Last updated 2 months ago

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