Governance
Explore the intricacies of the decision-making process and treasury funding in Everscale.
Ever DAO
Everscale’s governance is powered by a decentralized autonomous organization called Ever DAO. Using this tool, the community shapes the network’s future through transparent and democratic voting on development proposals.
Start votingVoting Fundamentals
Token-based voting
Use WEVER tokens to vote on proposals. Every vote counts, starting from just 1 WEVER.
Proportional power
Your influence grows with the number of tokens you commit for voting.
Create proposals
Anyone can propose new initiatives with a stake of 100,000 WEVER.
Approval quorum
A proposal needs 5,000,000 WEVER votes in favor to pass.
Specific timeline
Once the voting starts, it is active for a limited period, typically lasting several days.
Ever DAO Features
On-chain security
Ever DAO is managed by smart contracts: all operations are executed on the blockchain, which makes them immutable and incapable of being tampered with.
Voting tokens management
Ever DAO has a convenient interface for locking WEVER tokens in order to vote, as well as redeeming them.
Complete transparency
All proposals on Ever DAO are public and contain detailed information, such as descriptions, timelines, and voting statistics.
Governance Board
The Governance Board manages Everscale’s treasury and ensures the network’s core contributors remain aligned with its long-term goals.
Current Members
Core Principles
Treasury management
Funds are secured by a multisignature wallet requiring two-thirds approval from Custodians elected from the ranks of Board members.
Skin in the game
To prove their solvency and commitment to Everscale, new members freeze 3,000,000 EVER when joining the Board.
Collateral-based funding
Project initiators must deposit 10% of any reward they request from the treasury. This deposit gets burned if the project fails.
Contact the Board
Have a proposal or want to collaborate? Get in touch.