Governance — FTDAO
FTDAO is a utility and coordination token Whitepaper v2.2 →
Governance

FTDAO holders decide what the network becomes.

Governance is how network-wide standards get set and enforced — which projects qualify, what the verification template requires, and how the protocol evolves. It is not a vote on where to invest pooled capital.

How it works

FTDAO's governance runs on Snapshot, an off-chain voting tool that records token-holding snapshots at a given block height. Holders vote without paying on-chain gas for every decision — the same tool used by the large majority of active DAOs.

Every decision follows the same lifecycle: a proposal is created, opened for community input, put to a vote, and if it passes, acted on.

Governance areasProject onboarding criteria, network allocation size, protocol template changes
Voting mechanism1-token-1-vote (1t1v)
WhereSnapshot (off-chain vote) → on-chain execution via factory contract
Who executesFTDAO holders propose and vote; administrators execute the AI-assisted verification decision

What a governance vote decides

  • Whether a project meets the network's verification criteria
  • The size of the network allocation for a newly issued project token
  • Changes to the protocol's standard template

What a governance vote is not

  • A vote on where to allocate pooled investment capital
  • A claim on returns from any project's performance
  • Binding on FTDAO's treasury as an investment decision
Note

FTDAO uses simple 1-token-1-vote, the mechanism industry research flags as most exposed to concentrated voting power. Independent analysis of Snapshot governance elsewhere has found voting power following a Pareto-like distribution, with a small share of holders accounting for a disproportionate share of votes. This is a structural tendency across DAOs generally, not unique to FTDAO, but it's worth watching as the holder base grows. See the whitepaper, Sections 3.3 and 9.2, for the full disclosure.

See open proposals and vote.