The Harmony Community DAO Initial Council has set a clear structure for the DAO, all of which Governors must abide to, unless changed by a public majority vote.
The Harmony Community DAO mandates are as follows. These mandates serve as the ultimate role for the Harmony Community DAO:
Growth : board users on missions and culture, pollinate values across communities
Engagement : Amplify content of roadmap and milestones, creative campaigns of products
Diversity : Solicit voices and votes in forums, reinforce strong governance participation
For the below structure to be changed a vote must be held and a majority vote of over 80% in favor must be passed for the change of governing structure.
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Governors for the Community DAO will serve a 6-month term before elections take place, governors from a previous term can run in the election following their term but will need to run for candidacy to be re-elected.
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Governors will be responsible for arranging elections when it becomes time. The initial post notifying members of the community will be posted on Talk.Harmony.One. Following the initial announcement for the elections, this information must be posted on Telegram, Reddit and Twitter to ensure the whole community is aware of the election
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All governors elected on the Harmony Community DAO Council must hold proper decorum on all forms of social media and represent Harmony in a positive manner
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If a governor decides to step down from the council, the Harmony Community DAO governors will hold a special election to find a new candidate for the position left open for the remainder of the current term, members of the community will have a chance to stand up for candidacy
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Transition period, after an election takes place, a transition period will happen for the duration of 48 Hours in which governors can assist with handing over material, handing over social accounts ect and any relevant information. The previous governors will be paid from the Harmony Community DAO treasury for the hours they spend transitioning the new governors into their new positions.
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Additions for the Harmony Community DAO Culture – A handover ceremony will take place for tradition, the governors will share stories and perspectives with the new governors. This meeting will not be public, this is not mandatory and governors will not be paid for this time.
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Multisig – The handover of access to the Multi-Sig treasury must take place as soon as the new governor’s come on board. A meeting in which necessary DAO participants past and present will attend.
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A register for the Multi-sig holders is to be shared with the Harmony Protocol/Harmony Foundation which includes the governor’s community name and signing wallet address. Details of the Governors are to be shared directly with the DAO.
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KYC for new Governor’s – Governor’s must KYC to the previous council, internally. All governors for the DAO must be at least 18 years of age to participate in the operation of the DAO
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There may be enforced changes to the DAO regarding KYC due to the legal formation of the DAO if it’s required for the progression of the DAO. Governors must be willing to participate in this if the time calls to ensure the DAO is legal and above board. Failure with a willingness to commit to these legalities, the governor may, unfortunately, be made to step down. Full transparency will be provided to the community if this is the case.
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Self-dealing, violations of good faith and fair dealing will not be tolerated. Ultimately, this DAO represents an enfranchisement of the Harmony community to contribute to the direction and growth of the Harmony blockchain project.
Self-dealing and violations of, good faith and fair dealing
For the removal of bad actors for Self-dealing and violations of, good faith and fair dealing – The governors will need to pass a vote for the removal of the party in question. The person in question is removed from this vote, and from the remaining governors included in the vote, all but one would need to be ‘For’ the removal of the governor for this to pass, This vote will happen in private. If it’s decided that the governor will be removed then they must be removed as a signer for the Harmony Community DAO multisig treasury as soon as the decision has been made and the community will be made aware of the removal of the governor.
In certain unforeseen circumstances, the reasons for removal may be kept private and confidential by the governors of the DAO, although ultimately the DAO is run with full transparency, there may be some circumstances when there is a need to protect someone’s character in complicated situations. This is a clause that we hope will not be necessary but can be used. This decision must not be taken lightly.
How proposals are standard proposals qualified-
For a proposal to qualify for an official governance vote, members of the community must reach out to their Harmony Community DAO governors/Harmony DAO community and make a suggestion on what they think needs to be implemented.
If there is an overwhelming desire from the community then this will be posted to Talk.Harmony.One for a discussion and preliminary vote by a Harmony Community DAO Governor. If this proposal passes in favor of the proposal then the vote will be posted on Gov.harmony.one/#/harmony-community-dao for a Snapshot vote.
The proposal will stay in a ‘pending’ state for one week so the community can be properly informed regarding the vote that will take place. After this period the vote will go live and stay open for a 2 week period.
Standard proposals will be decided upon via the winning percentage from ‘Yes’ or ‘No’ votes. And will not need to pass 80% in favor such as proposals for changes to governing structure.
If a vote is required for a change in governing structure, the same process above applies, although an 80% majority must be achieved for the vote to pass.
Once the decision has been made, the proposal is either closed down or implemented depending on the outcome.
The above structure and policies were put in place via the Harmony Community DAO Initial Council after being tasked with its creation, they did not take any of the above decisions lightly and ultimately have made decisions to protect the Harmony Community DAO, ensure its longevity and to ensure its core values are kept in mind at all times. We hope that with the community’s support, the DAO achieves all goals it sets out to achieve, whilst remaining a vital part of the Harmony eco-system and a driving force for its expansion and growth.