Governance Interface & Auroca Utility Token (AURC)
Last updated
Last updated
The Auroca DAO Governance Interface for the Auroca Utility Token holders shall embody the decentralized governance, forming the foundation of the Auroca DAO. Through this Governance Interface, holders of AURC shall gain access to governance functionalities, empowering them to propose, debate, and vote on key initiatives, resource allocation, R&D, and more.
To ensure trust and transparency within the DAO, users cannot vote to allocate resources, monetary or otherwise, for their own benefit. However, users can propose their services to the DAO, and the community will collectively vote on whether to allocate resources accordingly.
By decentralizing governance, decision-making power is distributed equitably among stakeholders, promoting transparency, inclusivity, and resilience within the Auroca DAO ecosystem.
Aiming to align the evolution of the Auroca DAO decentralized governance protocol with industry standards and regulatory frameworks, the community shall leverage existing Progressive Decentralization models, as detailed in the table below. The Auroca DAO is conducting its research to identify a suitable Governance Interface and blockchain network that shall empower the Auroca DAO Interface, with extensive decision-making capabilities, taking into account factors such as EVM compatibility, low transaction fees, scalability, industry adoption standards, user-friendly UI, and more.
The Auroca DAO shall make the Governance interface available before the Pre-sale of its AURC utility tokens.