Partially DAO-Owned MTKs (PDOM)
PDOMs are community-driven instruments that harness collective innovation while incorporating a deflationary mechanism. They allow revenue sharing between the DAO and community participants, aligning individual interests with the ecosystem's broader strategic goals.
Creation Process
1. Proposal Submission Periods
Open Submission Windows: During these windows, METERA holders can submit detailed proposals for new PDOMs.
Fixed Issuance: A predetermined number of PDOMs will be issued per voting period to ensure platform stability.
2. METERA Commitment and Deflationary Alignment
Commitment Requirement: To submit a proposal, proposers must commit a minimum of METERA. This serves as a commitment filter and a mechanism to support the deflationary model.
Burn Mechanism: Upon approval, the full committed METERA is burned. This reinforces the deflationary design by reducing the overall supply and potentially increasing token value.
3. Approval Criteria and Evaluation
Proposals will be evaluated based on:
Minimum METERA Commitment: Ensuring that only proposals with a significant stake are considered.
DAO Guidelines Compliance: Proposals must adhere to established guidelines, ensuring alignment with the DAO’s strategic objectives.
Underlying Asset Allocation: Proposed MTKs must meet a minimum percentage of METERA as an asset from the asset composition list of the MTK as defined by the DAO, promoting volume and demand for the METERA token.
Balancing Methodology and Period: Proposers must specify the methodology and timeframe for reviewing and updating the weights of the underlying assets. The minimum requirement is a quarterly review, but proposers may choose semi-annual or more frequent updates.
Maximum and minimum fee structure: The entry and exit fees must be within the upper and lower boundaries defined by the DAO.
Risk Management: Proposed assets must meet a minimum Xerberus risk rating defined by the DAO, ensuring quality and security.
Approval: The proposals with the highest number of METERA committed at the end of the period will be approved.
3. Post-Voting Procedures
For Approved Proposals: Approved proposers will have their fully committed METERA burned, finalizing the MTK creation and enforcing the deflationary model.
For Non-Approved Proposals: To discourage frivolous submissions, 20% of the committed METERA will be burned while the remaining 80% is returned.
Disclaimer: The information provided is based on the current framework and represents a skeleton infrastructure. Additional details and changes may be implemented as we continue to focus on governance and further development. Please be aware that the structure and terms outlined are subject to revision by the Metera Team as we refine and enhance the system.
Last updated