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NDC v1 Smart Contracts

In NDC v1, there will be only two mechanisms to vote: simple proposal voting and elections. Both are based on stake weight.

This repository provides smart contracts for NDC v1 Voting Body.

Proposal types

Proposal Voting Entity Contract
Elect house representatives Voting Body elections
Constitution ratification Voting Body voting body
Dissolve a house and call for new elections Voting Body voting body
Setup Package Voting Body voting body
Budget ratification Voting Body voting body
Veto HoM Recurrent and Big Funding Proposals Voting Body voting body
Budget HoM congress
Transfer Funds HoM congress
Funding proposal HoM congress
Veto any HoM proposal CoA congress
Reinstate representative TC / CoA congress
Investigate TC congress
Remove representative TC congress

In NDC v1, Voting Body can't make proposal for budget management. They can only veto budget proposals.

General voting rules

  • user can only vote for active proposals
  • user can not overwrite his vote

Elections

Elections for NDC v1 Houses.

👉 Voting Process

Voting Body

Voting Body is set of human verified NEAR accounts constituting NDC.

Voting mechanisms as well as Powers, Checks and Balances of the Voting Body is described in the NDC Gov v1 Framework.

  • Propose and approve HoM setup package: a request to deploy funds from the Community Treasury to HoM DAO.
  • Voting Body Veto is a special proposal to veto other proposal made by a house. When a HoM or CoA proposal will pass it must not be executed immediately. There must be an challenge period, where a Voting Body or the TC can stop the proposal execution by successfully submitting a Veto proposal.