Sypher Finance
  • Introduction
  • Protocol Revenue
  • Earn Yield
  • Tokenomics
    • SYP Token
    • xSYP Governance Token
    • Token utilities
  • SYPHER DAO
    • DAO Proposals
    • DAO Treasury
  • Protocol Fee Structure
  • Tutorials
    • What is SLP
    • Perpetual Trading
    • DAO Tutorials
    • How to FLP liquidity
    • Platform risk
  • SECURITY AND CONTRACTS
    • Security and Audits
    • Smart Contracts
  • Links & Social Media
Powered by GitBook
On this page
  1. SYPHER DAO

DAO Proposals

DAO Proposals

As a member of the Sypher DAO, you hold the power to initiate and engage in proposals, allowing you to directly influence the future direction of Sypher Finance.

Proposal Focus Areas

The Syperh DAO will primarily focus on the following topics:

  1. Expenditure Approval: All expenditures, including those related to engineering and development, must be submitted to and approved by the DAO.

  2. Treasury Functions and Partnerships: Proposals regarding treasury management, partnerships, and incentive programs will also require DAO approval.

  3. Contributor Nominations: Members can petition the DAO to nominate new contributors, advisors, community members, or professionals, provided these actions serve the interests of the majority.

Our vision is to cultivate a lasting and strongly aligned community dedicated to the continuous improvement and expansion of Sypher Finance.

DAO Responsibilities

  1. Trading Fees: Establish and adjust trading fee structures based on community input and market conditions.

  2. Fee Distribution: Oversee how fees collected from trading activities are distributed among stakeholders, ensuring fairness and transparency.

  3. Asset Listings: Approve the listing of additional cryptocurrencies and digital assets on the platform, allowing for a diverse trading environment.

  4. Integration of New Asset Classes: Evaluate and implement the integration of new asset classes, such as forex, indices, synthetics, and commodities, to expand trading options.

  5. Cross-Chain Expansion: Explore and propose opportunities for cross-chain functionality, enhancing interoperability with other blockchain networks.

  6. Platform Features: Propose and approve new features that are vital to the platform's success and user experience.

  7. Security Oversight: Maintain oversight of current and future security measures, including bug bounty programs and security audits, to protect the platform and its users.

  8. Strategic Matters: Address other operational and strategic topics that impact the long-term viability and success of the platform.

Through governance proposals, the Sypher DAO oversees all aspects of the Sypher Finance ecosystem.

PreviousSYPHER DAONextDAO Treasury

Last updated 1 month ago