Decentralized Governance

NeuraArt believes in community-driven development. Our progressive decentralization approach ensures platform stability while gradually transitioning control to NEURA token holders through a robust DAO governance framework.

Governance Evolution

Phase 1

Core Team Governance

Launch - 6 Months

Platform stability and initial feature deployment controlled by core team with community consultation.

  • Core team decision-making
  • Community feedback collection
  • Platform stabilization focus
  • Smart contract deployment
Phase 2

Hybrid Governance

6 - 18 Months

Gradual transition with community involvement in non-critical decisions and advisory voting.

  • Community advisory votes
  • Proposal submission system
  • Token holder voting rights
  • Partial decentralization
Phase 3

Full DAO Governance

18+ Months

Complete community control through decentralized autonomous organization with on-chain voting.

  • Full on-chain governance
  • Token-weighted voting
  • Autonomous execution
  • Community treasury control

Voting Mechanics

Voting Power

1 NEURA token = 1 vote. Staked tokens receive 1.5x voting multiplier for long-term commitment.

Proposal Process

Submit proposals with 100,000 NEURA minimum. 7-day discussion period followed by 5-day voting.

Quorum Requirements

Minimum 10% of total supply participation required. 60% approval needed for proposal passage.

Execution

Approved proposals execute automatically via smart contracts with 48-hour timelock for security.

Proposal Categories

Platform Upgrades

New features, UI improvements, and technical enhancements

Examples:
  • New AI model integration
  • UI/UX redesign
  • Performance optimization
Economic Parameters

Changes to fees, rewards, and token economics

Examples:
  • Transaction fee adjustments
  • Staking reward rates
  • Token burn mechanisms
Treasury Allocation

Community treasury spending and investment decisions

Examples:
  • Marketing campaigns
  • Partnership funding
  • Development grants
Governance Rules

Modifications to governance process and voting mechanics

Examples:
  • Quorum adjustments
  • Voting period changes
  • Proposal requirements

Governance Process Flow

1
Proposal Submission

Community member stakes 100K NEURA and submits proposal

2
Discussion Period

7-day community discussion and refinement on forum

3
Voting Period

5-day on-chain voting by NEURA token holders

4
Quorum Check

Verify 10% participation and 60% approval threshold

5
Timelock

48-hour security delay before execution

6
Execution

Automatic smart contract execution of approved proposal

Token Holder Rights

  • Proposal Creation: Submit proposals with sufficient stake
  • Voting Power: Vote proportional to token holdings
  • Discussion Participation: Shape proposals during discussion
  • Treasury Oversight: Control community treasury allocation

Emergency Mechanisms

  • Multi-Sig Safety: Critical functions protected by multi-signature
  • Emergency Pause: Security Council can pause in case of exploit
  • Fast-Track Voting: Security proposals get expedited process
  • Veto Power: Community can veto emergency actions within 24h

Ready to Participate in Governance?

Join the NeuraArt DAO and help shape the future of AI art and NFTs

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