Overview of Governance
CAGA is a DAO project and it uses community governance where every token holder has power and a voice. Token holders will be able to create proposals and vote on changes they want for the project at any given time. They will also earn rewards and be eligible for perks or early issuance of new products and have input into future products.
For this purpose, $CAGA - the native token of the ecosystem is created with a voting function. Holders of the token will have voting rights and power based on the number of tokens they stake and they can debate, propose, and vote on all changes to the platform. This could be anything from suggesting a new feature, adjusting a protocol parameter, or even a strategic partnership.
Each proposal is discussed, and deliberated upon by the community and each vote is a reflection of the staked CAGA tokens, symbolizing the weight of opinion each member holds. With CAGA DAO, the platform can be improved by anybody with a good idea of how it can perform better, and they are incentivized accordingly.
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