Governance: The Voice of the Realm
In the Ramses Vassal DAO, we believe in the wisdom of our subjects. Our governance system ensures that every voice is heard and that the direction of our realm is shaped by the collective will of our community.
The Power of vlRAV
Holders of vlRAV, our vote-locked RAV tokens, are the true nobles of our realm. They wield significant influence over the direction of our strategies and the allocation of our resources.
Voting on Pool Incentives
vlRAV holders can participate in snapshot proposals to direct incentives to various liquidity pools
Each vote carries weight proportional to the amount of vlRAV held
This system ensures that our most committed subjects have the greatest say in our realm's affairs
The Rewards of Participation
We believe that those who contribute to the governance of our realm should be justly rewarded:
Voting rewards are distributed based on voting power allocation
20% of all voting rewards are allocated to vlRAV voters
These rewards are distributed as staked mnRAM, further aligning interests
The Role of the Protocol
While we cherish the input of our subjects, the protocol retains certain powers to ensure the smooth operation of our realm:
The ability to adjust parameters such as fees, staking periods, and harvest frequencies
The power to enable or disable certain features as needed for the health of the ecosystem
The responsibility to implement the will of the community as expressed through governance votes
Transparency and Communication
We believe in open and honest communication with our subjects:
All major decisions and parameter changes are announced through our official channels
Regular updates are provided on the state of our realm and the performance of our strategies
Community discussions are encouraged to gather input and ideas from our subjects
By participating in governance, you're not just having your say - you're shaping the future of DeFi. In the Ramses Vassal DAO, every subject can be a statesman, every farmer a strategist.
In our next chapter, we shall unveil the grand plan for launching our noble house. Prepare to witness the birth of a new power in the Monarch Finance ecosystem!
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