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VibesDAO

Table of Contents

Introduction

What is VibesDAO?

VibesDAO is a decentralized autonomous organization (DAO) that aims to create a community-driven platform for HireVibes community. The platform will allow community and other stakeholders to collaborate, share ideas, and ask for grants.

How does it work?

VibesDAO is a DAO that is governed by the community. The community members can propose ideas, vote on proposals, and allocate funds to the projects that they believe will benefit the HireVibes ecosystem.


Governance Process

This section explains the process of submitting proposals, voting on them, and concluding decisions within VibesDAO.

Submission

Community members can submit proposals for new projects, improvements, or any initiatives they believe will benefit the HireVibes ecosystem.

Step 1: Click the "CREATE FUNDING PROPOSAL" button

Create Funding Proposal Button

Step 2: Fill in the details of the proposal

Fill in Proposal Details

Step 3: Click the "SUBMIT PROPOSAL" button to submit the proposal

Submit Proposal

Step 4: A wallet confirmation will appear. Click "CONFIRM" to deploy the proposal. For more details.

Wallet Confirmation

Step 5: Once the proposal is deployed, it is still not live for voting. Click the "Make Proposal Go Live" button to make the proposal live for voting.

  • Step 5.1: Open your proposal from the "All Proposals" section

Open Proposal

  • Step 5.2: Click the "Make Proposal Go Live" button

Make Proposal Go Live

  • Step 5.3: Confirm the transaction

Confirm Transaction

Now, the proposal is live on the DAO. The voting starts after the delay period ends. The delay period is set to allow community members to discuss the proposal before voting.

Voting

Once a proposal is submitted, community members can vote on it. The voting process ensures that decisions are made democratically and reflect the collective will of the community.

⚠️ Note: One vote equals one VIBES Token. The tokens are locked for the period of voting.

Step 1: Open the proposal from the "All Proposals" section

Open Proposal

Step 2: Fill in the number of votes you want to cast in favor or against the proposal. Then, Click the "SUBMIT" button to submit your vote.

Vote Button

Step 3: Confirm the transaction

Confirm Transaction

Step 4: Once you have voted, you can see the voting status of the proposal

Voting Status

Conclusion

After the voting period ends, the results are tallied. Proposals that receive a majority vote are approved, and the necessary actions are taken to implement them.

Step 1: Click the "CONCLUDE" button to conclude the voting

Conclude Voting

Step 2: Confirm the transaction

Confirm Transaction

Once the voting is concluded, the proposal will execute if the votes in favor exceed the votes against. Otherwise, the proposal will not execute, and only the voting will be concluded.

Reclaiming Tokens

After the voting period ends, the tokens are unlocked, and you can reclaim them.

Step 1: Click the "RECLAIM VOTES" button to reclaim your tokens

Reclaim Votes

Step 2: Confirm the transaction

Confirm Transaction


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