Governance and Voting

MOVE DAO is at heart a DAO (Decentralised Autonomous Organisation). This means that the community plays a key role in shaping the future of the project. Those who hold sMOVE can cast votes on important community decisions like Audits, Listings, and Fund Management. Proposals are called MOVE Improvement Proposals (MIPs).

At first, the development team will guide the project towards a sustainable long-term position, but over time more control will be given to the community through the DAO voting system. We also plan to create an open forum where community members can create their own proposals which will be put to a full DAO vote if they gain enough community support.