Inverse.finance has an active DAO, with regular proposals being put forward for voting. Prior (and concurrently) to a proposal going on-chain, the Inverse community will discuss and debate the proposals using our official Discord and Forum. Please use the links below to access both:
Inverse.finance and its products are governed by a decentralised autonomous organisation (DAO) called the Inverse DAO, that governs using on-chain voting on Ethereum. INV token holders can delegate their voting power to another delegate (someone else) or self delegate. 1 INV = 1 vote.
Holders of xINV can also vote on proposals.
To see your wallets voting power, go to the Governance page and see the table on the right:
The Inverse DAO controls a number aspects of the Inverse.Finance universe and products, including but not limited to:
The INV governance token
The Inverse DAO treasury (INV tokens, Anchor profits and Vault profits)
Inverse DAO parameters (proposal threshold, guardian)
Once a proposal is submitted (1000 votes needed to submit a proposal on-chain), voting lasts for a period of 3 days. To "pass", the proposal requires a minimum of 4000 FOR votes, and to have more FOR votes than AGAINST votes.
Once a proposal has passed, it must be queued on-chain. This action can be triggered by anyone who is willing to pay the gas fee (usually done by a DAO member). The proposal then enters a lockdown period of 48 hours (to let people prepare prepare for the proposal's execution consequences)
After the queue lockdown period, the proposal execution can be triggered by anyone (who is willing to pay the gas transaction cost) within 14 days. If the proposal is not executed within 14 days, it will expire and no longer be exceptionable.