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Radiant Capital · closed proposal

RFP-1: DAO Proposal - Process

0x5Be0…038E·ended 4y ago·Discussion ↗·LOW RISK
Voters
69
RDNT voted
6.95M
≈$3.5K
Token price
$0.00

AI summary

This proposal, RFP-1, outlines the foundational structure and processes for the Radiant DAO. It defines who can be a member (anyone holding locked RDNT tokens), how voting power is determined (proportionate to locked RDNT), and the role of the Supernova Holdings Foundation. The Foundation will act as the executive arm, implementing decisions made by the DAO, and will uphold values of innovation, determination, collective benefit, and transparency. This document is intended to be the guiding framework for all future governance activities within Radiant Capital.

Impact

If this proposal passes, it formally establishes the Radiant DAO and its governance rules, giving power to RDNT token holders who lock their tokens to participate in decision-making. The Supernova Holdings Foundation will serve as the operational body executing the DAO's will. This benefits RDNT holders by giving them a clear path to influence the protocol, while those without locked RDNT will not have direct governance power.

Read full proposal on Snapshot

Voting results

Quorum
6.95M / 1.49M RDNT(467%)
✓ Quorum met
In favor6.94M (99.9%)
Against673 (0.0%)
Abstain2.92K (0.0%)
6.95M RDNT · ≈$3.5K · 69 votersblock 24816191

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Radiant Capital

RFP-1

ATTENTION

This proposal (RFP-1) outlines the formation of the Radiant DAO including its criteria, composition and workflow. Should it pass, this proposal intends to serve as a reference point for all subsequent matters of governance.

Consequently, it is a comprehensive document that extends far beyond Snapshot’s character limit. Certain sections will be outlined directly in this post, but it is imperative for anyone who wishes to vote to read the entire proposal in full.

The entirety of RFP-1 can be viewed [here](https://ip…

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