Hi,
Let’s test the Constitution.
Every holder of LSK tokens is able to become a member of the Lisk DAO by staking their tokens for a specific time, which grants voting power in the Lisk DAO
Additionally, anyone can decide to become a delegate in the Lisk DAO to influence the direction of the DAO more directly
The treasury is NOT managed by the Onchain Foundation. Instead, the funds from the treasury can only be transferred via successful funding proposals.
Any decision in the DAO is made through proposals that members can vote on
For creating a proposal, the voting power of the proposer must be at least 300,000 vpLSK
Anyone who considers the proposal mature enough and who has enough voting power to meet the threshold can create a proposal on Tally
The proposal: Burn or Allocate to DAO Fund: Vote Now or Postpone