In the $NEOP DAO, holders of the token wield extraordinary authority over each and every major decision. That means everything from what to do with the treasury, to how to steer the protocol in terms of upgrades. And in terms of the actual decision-making apparatus that these holders utilize, it’s about as transparent and secure as governance can get these days in the crypto world. In fact, the whole governance process revolves around this smart contract called NEOPGovernor, which is robust, clear, and streamlined in terms of what it does and how it does it. So, let’s break it down: Proposals—the actual mechanism by which token holders make decisions—start out life as a kind of rumble. If the rumble gets loud enough, and at least 1 million $NEOP are behind it, then it becomes a governance proposal.
Upon successful voting, proposals enter a mandatory 48-hour Timelock contract phase, further enhancing transparency and security. Finally, approved proposals are enacted in full view of the community, underscoring Neo Pepe’s commitment to transparent, decentralized governance.
You might want to get a to leverage these revolutionary governance rights.
