Settlement DAO

An Introduction to the Settlement DAO

The Binary Options Settlement Protocol ("BIOPset") is governed by the Settlement DAO.

Governance Overview

The Settlement DAO governs through a liquid democracy of BIOP token holders.

Governors vote on formalized initiatives that bubble up from community discussions on Discord to the BIOPset forum. Formalized initiatives are put to a vote on BIOPset Snapshot Page.

Governance Process

The governance process of the Settlement DAO is outlined below:

Discussion

Ideas for improving BIOPset are discussed in Discord.

Proposals

Meritorious ideas are then outlined in official proposals in the BIOPset forum.

Voting

After discussion has been exhausted via the forum, holders of the BIOP Governance Token may then vote on the official proposal via the Snapshot Page.

BIOPset Snapshot Page

To learn more about BIOPset Governance, please visit this link: