Governance Overview

Introduction

Treem DAO operates as a decentralized autonomous organization where TREEM token holders can participate in governance decisions. The governance system is built on Ethereum using OpenZeppelin's Governor contracts and includes an enhanced staking mechanism for increased participation and security.

Core Concepts

TREEM Governance Token

• Symbol: TREEM

• Total Supply: 1,000,000,000 TREEM

• Standard: ERC-20 with ERC-20Votes extension

• Network: Ethereum (with Sepolia testnet support)

Token Distribution

Allocation	Percentage	Amount	Purpose
Foundation Treasury	40%	400,000,000 TREEM	Operations and development
Community Grants	30%	300,000,000 TREEM	Community funding
Reserve Future Use	15%	150,000,000 TREEM	Strategic reserves
Founders and Team	15%	150,000,000 TREEM	Team allocation

Governance Parameters

• Proposal Threshold: 0.5% of total supply (5,000,000 TREEM)

• Voting Period: 7 days (50,400 blocks)

• Voting Delay: 1 day (7,200 blocks)

• Quorum: 4% of total supply

• Execution Delay: 2 days (timelock)

Staking System

Staking Tiers

The governance system includes a tiered staking mechanism that determines voting rights and proposal creation privileges:

6-Month Staking Tier

• Lock Period: 180 days

• Benefits:

  • Vote on general proposals

  • Vote on grant proposals

  • Earn voting rewards

• Requirements: Minimum stake amount (configurable)

12-Month Staking Tier

• Lock Period: 365 days

• Benefits:

  • All 6-month tier benefits

  • Create grant proposals

  • Higher voting reward multipliers

• Requirements: Minimum stake amount (configurable)

Voting Power

Voting power is determined by:

1. Staked Token Amount: Direct correlation to staked TREEM tokens

2. Delegation: Users can delegate their voting power to other addresses

3. Snapshot: Voting power is calculated at proposal creation time

Proposal Types

General Proposals

• Purpose: Protocol changes, parameter updates, general governance decisions

• Creation Requirements: 12-month stakers only

• Voting Requirements: All stakers (6+ months)

• Examples: Protocol upgrades, treasury allocations, governance parameter changes

Grant Proposals

• Purpose: Funding requests for community projects

• Creation Requirements: 12-month stakers only

• Voting Requirements: All stakers (6+ months)

• Features: Specified grant amount, recipient, and funding criteria

Voting Rewards

Active participation in governance is incentivized through a reward system:

• Base Reward: 100 TREEM per vote participation

• Source: Treasury allocation

• Distribution: Manual claim after voting

• Reset: Vote count resets after claiming rewards

• Annual Cap: Configurable per user to prevent abuse

Smart Contract Architecture

The governance system consists of several interconnected smart contracts:

1. TreemGovernanceToken: ERC-20 token with voting capabilities

2. TreemGovernor: Main governance contract for proposals and voting

3. TreemStaking: Staking contract with lock periods and tiers

4. TimelockController: Execution delay for approved proposals

Security Features

• Timelock Protection: 2-day delay for proposal execution

• Quorum Requirements: Minimum participation for proposal validity

• Snapshot Voting: Prevents vote manipulation through token transfers

• Access Controls: Role-based permissions for administrative functions

• Reentrancy Protection: Secure against common smart contract vulnerabilities

Getting Started

1. Acquire TREEM Tokens: Purchase through the DAO's token sale or exchanges

2. Connect Wallet: Use MetaMask or compatible Ethereum wallet

3. Stake Tokens: Choose 6-month or 12-month staking period

4. Participate: Vote on proposals and earn rewards

5. Create Proposals: Submit your own proposals (12-month stakers only)

Next Steps

• Read the User Guide for step-by-step instructions

• Learn about Staking to maximize your participation

• Explore Proposals to understand the proposal lifecycle