Current State

Phase 1

1. Treasury deployment - how to allocate treasury funds for initiatives like user rewards, ecosystem grants or growth strategies.

2. Non-binding vault parameters - sets which vaults to receive token emissions/points, community signal for new vault integrations, vault themes (RWA, private-credit, stable yield products) etc.

Phase 2

1. Electing members to Risk Oversight Committee - votes to appoint trusted members responsible for overseeing risk management.

2. Fee structure - community decides the structure and rates of platform fees to ensure sustainability and competitiveness.

3. Value distribution model - vote to determine how revenue is shared with users or buy-back mechanisms are facilitated.

Governance Rights

• Voting Power: Ability to vote on proposals concerning ecosystem grants and adjustments to specific tunable parameters.

• Voting Mechanics:

  • Quorum: 20%

  • Majority: 51% approval

  • Tiered Voting: Voting weight is determined by a function of stake duration and quantum.

• Transparency: Transparent access to real-time dashboards containing:

  • RWA AUM: Total RWAs Under Management on NUVA

  • Fees Earned: Earned by services (e.g. Tx Fees)

  • Token Metrics: Transaction volume, circulation, market capitalization

  • Ecosystem: Integrated asset issuers, services, and assets

  • Token State: Vested/Unvested, Locked (by tier), Liquid/Circulating

  • Treasury State: Assets in Treasury, Investment Revenue

Proposal System

• Proposals:  During the early stages, NUVA and its strategic development partner(s), also referred to as the “core team”, will kickstart the DAO by submitting formal proposals to set up the framework of the DAO during the early stages.

• Voting: All active staked NUVA token holders can vote on active proposals during the voting period.

• Execution:  Approved proposals are implemented by the core team according to published timelines, with execution verifiable on-chain where feasible.