4.3. DAO.committee

Since treasury is a decentralized governance, which means efficiency is always questioned. In order to adapt to the changing environment and support community contributors better, daily affairs will be handled by DAO.committee. DAO.committee member are voted by NUT POWER holders. Once the members of the committee are elected, they serve a one-year term and are subject to community supervision.

DAO.committee will hand over all rights and interests to Treasury at the right time to realize Nutbox’s complete decentralized governance. But before that, DAO.committee makes decisions on behalf of the community and controls the use of Committee.Fund, but significant decisions still need to be submitted to treasury for processing.