Voting System Overview

The Delnorte voting system is an integral feature of DAO governance, enabling token holders to propose and decide on various Issues. This system is designed to ensure fairness, efficiency, and scalability as the DAO evolves.

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Key Features and Parameters

1. Issue Submission and Viewing:

   • Issues are raised directly from the Delnorte wallet.

   • Both Issues and their voting states are viewable in real-time through the Delnorte Blockchain Explorer.

2. Token Locking During Votes:

   • In Phase 1, tokens used for voting are locked and non-tradeable until the voting period concludes.

   • Voting periods are restricted to a maximum of one day, ensuring swift decision-making.

3. Merging Ideas for Voting:

   • Multiple Issues scheduled for the same day are merged into a single vote.

   • Votes are cast on an "all-or-nothing" basis for merged Issues, promoting streamlined decision-making.

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Algorithmic Governance and Frequency

1. Submission Frequency:

   • Submission rights depend on ownership percentage:

     • Low-percentage owners: Limited to one submission per unit timeframe.

     • High-percentage owners: Allowed to submit ideas more frequently.

   • The algorithm adjusts flexibility based on the total number of DAO owners.

2. Minimum Time Between Voting Days:

   • Configurable options: 1 day, 1 week, 1 month, or N months.

3. Lead Time for Idea Submission:

   • Minimum time between an Issue's proposal and the start of voting:

     • Options: 3 days, 1 week, 1 month, or N months.

4. Idea Merging Cap:

   • Maximum number of Issues that can be merged into a single voting event:

     • Options: 1, 10, 100.

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Wait Period Algorithm

1. Gaussian-Based Wait Periods:

   • The algorithm uses a Gaussian distribution to calculate average and acceptable wait times for new proposals based on:

     • Minimum time between voting days.

     • Current voting stream saturation.

2. Forced Waiting Period:

   • Calculated using: Wait Period Due to Full Voting Stream=(Minimum Time Between Voting Days)×WaitPeriodsDueToFullVotingStreamWait Period Due to Full Voting Stream=(Minimum Time Between Voting Days)×WaitPeriodsDueToFullVotingStream.

   • Ensures that the wait period:

     • Is capped at 2 standard deviations.

     • Balances fairness with operational efficiency.