Governance
Governance Model
SpineDAO is governed by community members holding $SPINE tokens. Each token equals one vote. Decisions are made through structured proposals. The submission of a proposal must include a clear rationale and an associated structured pool, typically offering the following voting options: “Yes”, “No”, operates "off-chain," meaning members do not incur any blockchain fees when voting. However, it verifies each member’s on-chain balance of $SPINE tokens to determine their voting power. SpineDAO two-stage voting system includes:
Stage 1: Initial (Discord) Voting
Proposal posted in the governance forum, remains open for 3 days.
Must receive at least 10 votes (including at least 1 from a core team member).
Must achieve at least 70% positive votes to advance.
Stage 2: Snapshot Voting
A proposal passing Stage 1 moves to Snapshot.
Must reach a quorum of 3% of circulating $SPINE tokens.
Must secure a simple majority (51%) of positive votes.
Voting remains open for 2 days.
This structure ensures fairness, transparency, and efficiency. Anyone holding at least 1 $SPINE token can propose initiatives and vote.
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