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 .
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(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.
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Governance Structure
1. 🤖 The Gathering of the Holdarans (GOTH)
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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 $RLM $HOLSH token holders, with voting power combining $RLM $HOLSH holdings and NFT boosts.
Voting Power: Calculated using a hybrid model:
Base power scales with the square root of $RLM $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.
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👁️🗨️ DAO Oversight of the Economy
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Key Economic Decisions: The DAO votes on critical parameters such as GLOW pricing and treasury sales, linked with maintaining balance in the ecosystem.
Treasury Oversight: It oversees treasury funds, ensuring responsible REALM (RLM) $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.
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⚖️ Balancing Fairness and Influence
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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.
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🎟️ 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 $RLM (locking) $HOLSH tokens, which are unlocked post-vote along with additional $RLM $HOLSH rewards for participation.
Summary
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.Previous | Next