⚖️DAO Structure & Governance
Together, We Can Make A Difference For Those Who Follow
Axion DAO will operate under a hybrid governance model that combines token-weighted voting, legally registered membership rights, and limited administrative oversight to facilitate timely decisions and transparent protocol management.
This section provides an overview of the DAO’s foundational governance framework, voting mechanics, and structural roles.
What is a DAO?
A Decentralized Autonomous Organization (DAO) is a blockchain-native entity that operates without centralized control, governed instead by smart contracts and community consensus.
Axion DAO will be enhancing this model by registering as a DAO in the State of Utah, giving it legal recognition and protections under State law.
Legal Structure
Registered As: Limited Liability Decentralized Autonomous Organization (LLD)
Jurisdiction: State of Utah, USA
Governing Legislation:
Operational Identity: Structured as a Cooperative owned by its members
Key Governance Roles
1. DAO Owners
Defined as all wallet addresses that have an active, locked stake in AXND
Ownership within the DAO is determined by the weight and duration of an individual’s stake relative to the total staking pool
Owners are eligible for revenue-sharing once their stake matures
2. DAO Members
Membership is verified through the ownership of a DAO Membership NFT
Membership is required to vote, submit proposals, and withdraw monthly interest
Membership is valid for one year and renewable (Unless you own a Founders NFT)
First-year membership is included with each member's first Accelerator stake
3. Mastermind Council
A limited administrative body authorized through DAO vote
Responsible for:
Managing DAO operations (site, tools, communications)
Approving small-scale contracts and hires (≤ $10K per task or retainer)
Managing liquidity adjustments (≤ 20% of liquidity pool)
Proposing and reviewing DAO-wide initiatives
The Mastermind Council does not have unilateral authority over funds or token issuance. All major decisions require a community vote.
DAO Membership vs. DAO Ownership
Based On
AXND Stake
NFT Pass (Annual)
Duration
Duration of stake
1 year (Renewable)
Grants Voting Rights
❌ Not on its own
✅ Yes
Eligible for Revenue Share
✅ Based on amount staked
✅ If stakes are also held
Access to Proposal System
❌
✅
Required to Withdraw Interest
❌
✅
Voting Mechanics
Proposals may be submitted by the Core Team or any DAO Member
Votes are tallied based on the number of AXND tokens locked in a wallet at the time of the vote
1 AXND = 1 vote
Voting periods and thresholds are set in the smart contract or specified in the proposal terms
✅ Quorum Requirements: Determined by proposal type 🔐 Snapshot System: Voting snapshots are taken on-chain at vote open 🗳 Vote Options: FOR / AGAINST (or multiple-choice, if applicable)
Administrative Authority: Mastermind Council
Authorized via the November 2024 DAO vote, the Mastermind Council was granted limited authority to manage the following:
✅ Pay bills and maintain infrastructure
✅ Manage public messaging and press
✅ Approve or decline partnerships
✅ Review investment opportunities (not authorize them)
✅ Approve hires below $10K per scope
✅ Hold quarterly public meetings for transparency
The Council is subject to community oversight and cannot modify tokenomics or deploy treasury assets beyond its authorized scope.
Proposal Lifecycle
Drafting: Created by DAO Member or Core Team
Review: Optionally vetted by Mastermind Council
Submission: Posted to the official DAO interface
Voting Period: Defined in proposal metadata (e.g., 14–30 days)
Execution: Smart contracts automatically carry out approved actions (or routed to dev team)
Community Proposal Forms (Coming Soon)
Community proposals must be complete. You will need to do some work.
The team will need to determine if the proposal is executable.
The Mastermind Council will review proposals.
The Mastermind Council must approve proposals to be published. (Until a more automated process has been created)
Submitted proposals will be available for the public to view.
📌 You can view past DAO proposals and their outcomes in the DAO Voting Archive.
Next: Explore Tokenomics & Economics to understand how AXND supports the ecosystem.
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