Governance

Governance is run by a community of stakeholders incentivized to participate in the organization’s operations by a shared goal, and use NUT as governance token by an additional cryptoeconomic mechanism.

Nucleon Governance Process

Governance Process

Below is the governance process for the Nucleon DAO.

Step 1: Forum (Reddit - https://www.reddit.com/r/NucleonOfficial/)

• All ideas and proposals are originally published on reddit for community feedback.

• Improvements and objections are noted and incorporated.

• Timeframe: At least 7 days

Step 2: Pre-Poll (Reddit)

• The Proposal will incorporate feedback from Step 1 and put it to a preliminary vote on Reddit.

• The Nucleon Team can directly introduce a proposal for a preliminary vote.

• Timeframe: At least 7 days

Step 3: Voting (https://www.nucleon.space/#/data/nut)

• Voting power is proportional to veNUT.

• Timeline: At least 7 days, and voting doesn’t end on weekends

• For Support: A proposal must receive more than 50% of YES votes to pass. This also applies to multiple choice options in a proposal.

• Quorum: At first there is no requirement.

Step 4: Enactment

• Nucleon team manually implements proposals that have received support. No automation.