Decision Making Procedure

Decision Making

Our organization, which values DAO operation by the system, has structurized decision-making procedures. Decisions requiring a vote by Star Collector DAO are made by the following procedure.

Decision Making Procedure

  1. Submit Proposal : StarCollector DAO will operate a holder-only chat room for proposal discussions within Discord community. In a chat room dedicated to holders, holders are free to discuss alpha NFTs, and holders with NFTs above the standard can propose DAO proposal. In order to prevent indiscriminate proposal submission, we have set certain criteria that can be proposed for each agenda. Proposal criteria can be changed at any time by Resolution. The criteria for suggesting proposal by agenda are as follows.:

    • General Apporval: Holders that have at least 3 Starboys NFTs

    • Resolution: Holders that have at least 10 Starboys NFTs

    • Special Resolution: Holders that have at least 30 Starboys NFTs

  2. Confirm by the Board and Put to Voting: Board will check submited proposals and register on Snapshot.org for voting.

  3. Voting: Vote on Snapshot.org. 1 vote per 1 Starboys NFT, every holder can participate in the vote.

  4. Execute Approved Proposal: Proposals approved by the DAO through vote will be executed by the Board and the Working Group.

  5. Multi-signature Approval: All proposals using the community vault requires multi-signature approval by at least two of the board and one of the committee member.

  6. Completion Report to the Community: The Board or the Working Group will report completion of the proposal to the community after execution.

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