Governance and Voting

• Governance model:

  • Voting Rights: Token holders are granted voting rights proportional to their token holdings. This means that each Asset has its own Self-Regulating Organization (SRO) which acts as a Home Owner’s Association (HOA) and can democratically govern their respective properties. AssetHOAs are different from AUMDAO.

  • Decision-Making Process: Key decisions, such as property acquisitions, sales, or platform upgrades, are put to a vote.

  • Proposals: Token holders can propose new initiatives or changes to the platform. Proposals cost 2000 $AUM.

  • Tiered Voting Rights: $AUM holders can only propose a vote after the minimum threshold of 2 months (60 days) has passed to avoid large-scale manipulation.

  • Transparency and Accountability: The governance process is transparent, with proposals, discussions, and voting records publicly accessible, and on-chain.

  • Community Engagement: This model encourages active participation and engagement from the investor community, aligning the platform's direction with the interests of its users.

• Token-based voting in platforms like MetaWealth ensures transparent and democratic decision-making in several ways:

  • One Token, One Vote: Each token typically represents one vote, giving all token holders a proportional say in decisions.

  • Decentralization: Voting power is distributed among many token holders, preventing centralized control.

  • Transparency: Blockchain technology records votes immutably, ensuring transparency and auditability of the voting process.

  • Inclusivity: By allowing all token holders to vote, the system includes a diverse range of opinions and perspectives, promoting democratic decision-making.

  This system ensures that decisions reflect the collective will of the community, aligning with the ethos of decentralization and democracy inherent in blockchain technology.