DAO Governance Model

Governance proposals are divided into two categories: routine decisions and major decisions.

Routine decisions include:

• Adding trading pairs

• Adjusting non-core parameters, such as the upper limit of PR and PM values.

Major decisions include:

• Adjusting core parameters, such as the fee distribution ratio.

• The daily issuance volume of PUMB

• Version upgrades

Routine decisions can be implemented with the approval of the co-founding NFT-Architect holders.

However, major decisions require the approval of Cofounding NFT-Developer holders and vePUMB holders in two independent voting rounds (the order is not fixed, but the second round must refer to the proposal created in the first round).