⚖️DAO System

BUN will be governed by a Decentralized Autonomous Organization (DAO), a community-driven structure that leverages blockchain technology to empower BUN token holders in shaping the project's future.

How BUN Token Drives Governance

BUN tokens are the cornerstone of our DAO's governance system. By holding BUN, you gain the power to participate in crucial decisions that will define the project's trajectory. Here's how BUN will be used for governance and voting:

  • Proposal Creation: BUN holders can submit proposals for consideration by the community. The minimum BUN holding required for proposal creation will be clearly defined to ensure a balance between community participation and feasibility.

  • Voting Rights: Voting power within the DAO will be directly tied to BUN ownership. The more BUN tokens you hold, the greater your voting weight on proposals. This ensures that decisions are made by those who are most invested in the project's success.

  • Voting Process: The DAO will utilize a secure and transparent voting system on the blockchain. BUN holders will be able to easily cast their votes on proposals using their wallets. The specific voting mechanism (e.g., simple majority, quadratic voting) will be outlined in detail, ensuring fairness and reflecting the community's will.

Benefits of DAO Governance

  • Decentralization: DAO governance removes the power from a single entity and distributes it among BUN holders, fostering a truly community-driven project.

  • Transparency: All proposals and votes will be recorded on the blockchain, providing complete transparency and auditability.

  • Community Engagement: BUN holders have a direct say in shaping the project's future, fostering a strong sense of ownership and engagement.

The BUN token is more than just a utility; it's your voice in the Burrito Wallet DAO. By actively participating in governance, you'll help steer the project towards a successful and sustainable future.

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