MAP Launches a New Model of DAO Governance: GMAP DAO Governance (Trial Version)

Governance
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MAP protocol’s DAO Governance model will be based on GMAP locking mechanism, and GMAP will be issued on MAP Makalu. As a MAP token derivative, community members can use GMAP to participate in DAO without affecting the liquidity of MAP.

GMAP DAO Governance Model is set up as follows:

  1. Proposals initiated with GMAP are considered valid proposals.
  2. If the supporting ratio exceeds 60%, the MAP Protocol team will discuss with the initiator and make relevant suggestions and executions.
  3. The MAP Protocol team has 33% of the voting rights for each proposal.
  4. Users will receive incentives from locked GMAP.
  5. GMAP DAO Governance Model will have a two months trial period.

We highly encourage our community members to actively participate in our GMAP DAO Governance as DAO is an essential element of MAP Protocol.

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which sounds promising. both community and project long-term right are ensued.
I support team should has 33%, it guarantees vicious proposal attack.

what we concern is how to guarantee the map liquidity if we use MAP to mint gMAP

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To improve GMAP DAO Governance (Trial Version), the following two contents are added:

  1. Proposal time should not be less than 48 hours.

  2. If the number of voters is less than 10, the proposal is not valid.

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