Governance

Values

PandoraDAO is building a global, community-owned and decentralized economy so we can introduce stability and transparency back into financial markets and create financial inclusion for all. PandoraDAO exists to support projects that bring value to the PandoraDAO economy.

The DAO is driven by the following values:

• Community-run

• Results-oriented

• Sustainable

• Inclusive

While we believe decentralized structures are best suited for achieving this vision, we realize that some structure is needed to align on common goals, evaluate projects, create accountability and ensure successful execution.

The DAO is pursuing a strategy of “progressive decentralization.” Currently, major components of the protocol are controlled at a high-level by the DAO. Though, ultimately the focus is on creating a foundation at the Treasury, Policy and economic levels, and to enable the community to directly operate protocol mechanics – in a trust- and process-minimized fashion.

Pandora Improvement Proposals (PIP)

All proposals, whether being consistent with the general direction of the DAO, a change in policy, or a pivot to a certain strategy or framework are voted for by the community. Any member of the community can create a proposal on the forum for discussion before being posted to snapshot for a governance vote. Pandora Governance Council (PGC) will be initially comprised of 7 veteran community members who are primarily responsible for facilitating off-chain processes. These can include, but are not limited to, establishing strategic vision, coordinating working groups to execute on community-approved initiatives, and proposing strategic initiatives to the community via PIP.