Holdara operates as a decentralized digital nation, merging player, creator, and governor roles to foster a sustainable and collaborative ecosystem. Governance is managed by the Holdara Foundation, envisioned as a Cayman Islands-based decentralized autonomous organization (DAO), structured into two chambers: the Gathering of the Holdarans (GOTH) and the General Assembly (GA), overseen by an Executive Board (EB).
Holdara’s governance system empowers all players while ensuring fairness, proportionality, and active engagement. By combining NFT-based and token-based systems, and overseeing economic parameters through DAO-led decisions, Holdara creates a thriving digital nation where the community has a meaningful voice in shaping its future.
Governance Structure
1. 🤖 The Gathering of the Holdarans (GOTH)
The foundational chamber, GOTH, allows all Holdaran Citizen NFT holders to participate equally in governance.
Membership: Ownership of a Holdaran Citizen NFT grants access to GOTH and its dedicated Discord channel.
Voting Power: Determined solely by the number of Holdaran NFTs owned (1 Holdaran NFT = 1 vote).
Proposals: Members propose and vote on initiatives for escalation to the General Assembly. Proposals require majority support to proceed.
2. 🔥 The General Assembly (GA)
The GA refines and finalizes proposals escalated from GOTH.
Membership: Open to $HOLSH token holders, with voting power combining $HOLSH holdings and NFT boosts.
Voting Power: Calculated using a hybrid model:
Base power scales with the square root of $HOLSH holdings.
Boosts are applied for NFT ownership (e.g., High Keeper: +100%, Warden: +20%). Caps (as in limits) and diminishing returns prevent dominance.
Decision-Making: Proposals with majority support are reviewed by the Executive Board, which may approve or amend / request further refinement.
👁️🗨️ DAO Oversight of the Economy
The Holdara Foundation DAO also manages Holdara’s economy to align with player-driven goals and ensure sustainability:
Key Economic Decisions: The DAO votes on critical parameters linked with maintaining balance in the ecosystem.
Treasury Oversight: It oversees treasury funds, ensuring responsible $HOLSH and GLOW distribution to support gameplay and growth.
Adaptive Policies: The DAO can adjust policies based on player feedback and market conditions, preventing extreme scarcity or oversupply while maintaining fairness.
⚖️ Balancing Fairness and Influence
Holdara’s governance model ensures a balance between large and small stakeholders through:
Hybrid Voting Curves: Quadratic and logarithmic scaling rewards contributions while limiting dominance.
NFT Boost Caps: Boosts are capped at +200% to prevent excessive influence from identical NFT stacking.
Two-Chamber System: GOTH gives all NFT holders equal footing, while GA balances broader contributions.
🎟️ Voting Rewards
Governance participation is incentivized through rewards:
GOTH: Members earn Collective Anvil Points (CAPs) for debating and voting on proposals.
GA: Voting requires temporarily committing (locking) $HOLSH tokens, which are unlocked post-vote along with additional $HOLSH rewards for participation.
