#MOVE 🌐 How Movement Network DAO Works
The Movement Network is governed and managed by a Decentralized Autonomous Organization (DAO) system based on the $MOVE Token.
Key Foundations and Roles
Token-based Power: $MOVE Token holders have the right to vote on the network’s rules, technical upgrades, and financial decisions. $MOVE is also essential for network security (staking).
How the Process Works (4 Steps)
A DAO has a systematic process from idea to implementation.
Proposal: Community members submit upgrade proposals with the required budget and timeline.
Discussion: Proposals are discussed and discussed on public platforms and consensus is reached.
Voting: If there is consensus, $MOVE Tokens are used to vote, On-chain approval with required quorum.
Execution: After approval, Treasury Multisig issues the funds. The issuance is evidence-first.
Governance and Transparency
Transparency: All spending records are publicly available in the Public Finance Ledger.
Vesting: A time-based vesting system is used to align contributors’ rewards with network growth.
Movement DAO is a decentralized organization led by $MOVE holders, which continuously manages the network with rules and transparency.
Movement DAO voting status can be viewed in the Snapshot or Tally links.
The Movement Network is governed and managed by a Decentralized Autonomous Organization (DAO) system based on the $MOVE Token.
Key Foundations and Roles
Token-based Power: $MOVE Token holders have the right to vote on the network’s rules, technical upgrades, and financial decisions. $MOVE is also essential for network security (staking).
How the Process Works (4 Steps)
A DAO has a systematic process from idea to implementation.
Proposal: Community members submit upgrade proposals with the required budget and timeline.
Discussion: Proposals are discussed and discussed on public platforms and consensus is reached.
Voting: If there is consensus, $MOVE Tokens are used to vote, On-chain approval with required quorum.
Execution: After approval, Treasury Multisig issues the funds. The issuance is evidence-first.
Governance and Transparency
Transparency: All spending records are publicly available in the Public Finance Ledger.
Vesting: A time-based vesting system is used to align contributors’ rewards with network growth.
Movement DAO is a decentralized organization led by $MOVE holders, which continuously manages the network with rules and transparency.
Movement DAO voting status can be viewed in the Snapshot or Tally links.