The tomi ecosystem is changing its governance model with the introduction of a new Decentralized Autonomous Organization (DAO) structure. This change moves away from the previous Pioneer NFT-based voting system to a more inclusive model that is based on tomi tokens. These updates will give more people a voice in how tomi develops and operates.
A More Democratic Approach
Previously, only Pioneer NFT holders could vote on tomi’s governance decisions. Now, anyone who holds tomi tokens can participate. This change opens up decision-making to a wider group of people, allowing more diverse opinions to shape tomi’s future.
How It Works
Voting Power and Thresholds
Your influence in the tomi DAO depends on how many tomi tokens you own. Each token in your wallet gives you one vote. To keep things fair and prevent potential manipulation, there are some important rules:
- You need at least 10,000 tomi tokens to create a proposal.
- To vote on proposals, you must hold at least 100 tomi tokens.
- Some wallets, like those belonging to exchanges, can’t vote to maintain fairness.
Types of Proposals
The DAO has three types of proposals, each needing a different level of participation:
- General Proposals: 10% of circulating tokens must vote.
- Funding Proposals: 15% participation needed.
- Technical Proposals: 20% participation required.
These different levels ensure that important decisions get enough consideration from the community.
Voting Period
Most proposals have a 14-day voting window. This gives token holders plenty of time to think about their decision. For urgent matters, like removing a problematic proposal, the voting period can be shorter.
Scenarios in Action
Let’s look at some real-world scenarios to better understand how voting works in the new tomi DAO:
Scenario 1: Token Transfers During Voting
Q: What happens if I transfer tokens after voting?
A: Your vote remains valid, based on your token balance at the time of voting. Transferring tokens after voting doesn’t change your vote’s weight.
Scenario 2: Acquiring More Tokens
Q: Can I increase my voting power by buying more tokens during a vote?
A: No, your voting power is determined when you cast your vote. Additional token purchases won’t affect an ongoing vote you’ve already participated in.
Scenario 3: Multiple Wallets
Q: Can I split my tokens across wallets to vote multiple times?
A: While you can vote from multiple wallets, each wallet needs to meet the minimum token threshold. Your total voting power remains the same whether you use one wallet or many.
Community Impact
This new model significantly broadens participation in tomi’s governance. By allowing any token holder to vote and propose changes, the DAO becomes more representative of its entire community. The exclusion of exchange wallets and implementation of token thresholds help prevent centralized influences and ensure that those with a stake in tomi’s success are the ones guiding its future.
Your Role in Shaping tomi’s Future
As a tomi token holder, you now have the power to directly influence the project’s direction. Whether it’s voting on proposals or creating your own, your voice matters in the tomi ecosystem.
Ready to shape the future of tomi? Start by becoming a part of the DAO today. Hold tomi tokens, engage in discussions, and participate in votes. Your involvement can help steer tomi towards innovation and growth in the decentralized world.
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