# Governance (DAORM)

Members holding any amount of RAIR tokens can help decide the future of the project. RAIR members proposed this structure which can be modified as needed by a supermajority.

{% hint style="info" %}
Governance doc is currently a work in progress. Not final until voted in 
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## What RAIR tokens control

* Proposing new initiatives in Github issues
* Proposing changes to the governance structure (supermajority)
* Adding/removing governance members in control of treasury
* Directly allocating treasury below certain thresholds
* All other [tokenomic](/rairprotocol/whitepaper-draft/start.md) logical values not hardcoded (burning licenses, setting ARR burn tiers, etc)

## Initial Conditions 

At the time of DAO creation, RAIR governance will be officially transferred to the control of the DAO. 

### Phases

The project will undergo 2 periods of decentralization. 

* Initial phase: RAIR is controlled by the original \~40 members of RAIR 
* Public phase: When full governance is deployed
  * XX unique wallet addresses are registered and verified onchain with a minimum RAIR token balance of YY
  * AND Treasury balance exceeds ZZ ETH equivalent value

RAIR will transition to a fully community governed project via a community wide vote of all registered  members.  (see voting requirements in the voting section ⬇️) 

## Voting

There are many challenges to overcome when creating a fair and equitable voting structure. 

{% hint style="info" %}
One token one token can be easily gamed by large holders, setting incentives wrong can cause treasury funds to be misallocated, etc.
{% endhint %}

To combat these issues, RAIR governance structure proposes the following.

1. DAO Members must privately dox to vote via a seasoned 0x wallet address: 

* Unique wallet address with minimum RAIR balance held in wallet for XX days
* Must attend live voting Zoom meeting
* Verified via [Yoti](/rairprotocol/codebase/rair-api/endpoints/users/yoti-verify.md) to whatever standards decided by DAO (proof-of-human / age gated/ KYC / etc)

2. Elected treasury oversees management of funds above a certain threshold

* Mult-sig control of treasury
* Role based control of DEX and CEX APIs
* Role based control of [smart contracting logic](/rairprotocol/codebase/rairsolidity/all-contract-addresses.md) (including MINT function)

## Thresholds

Below are the current logical values for important attributes of the governance system 

**Initial phase thresholds**

\~40 core RAIR DAO members can vote on the following:

* XX Amount in ETH only treasury members can distribute
* XX% voting threshold to add/remove treasury members
* XX% voting threshold to update governance rules 

**Community phase thresholds**

Entire community can vote on the above items from initial phase as well as: 

* Can allocate XX ETH per proposal directly with..
* XX number of votes required to distribute directly voted funds
* Propose new amendments to governance structure


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