Governance

Epoch Island DAO governance is controlled by vEPOCH holders with snapshot voting and oSnap integration into the Epoch DAO multisig.

• Epoch DAO address: 0x6D78A40775e06D1037E855e52Ccb2Fb5762aD3Db

Snapshot proposals currently require:

• 30,000,000+ vEPOCH held by any address can create a new proposal

• 56,600,207 minimum vEPOCH votes to reach quorum

• 6 days voting period for all proposals

• 1 day dispute period with UMA oracle after voting period ends

Governance Levers

vEPOCH holders have control to vote on and manage the following:

1. Managing the Epoch DAO Treasury: 0x6D78A40775e06D1037E855e52Ccb2Fb5762aD3Db

   • transferring tokens from the Treasury to another address

2. EPOCH token contract: 0x97d0cfeb4fde54b430307c9482d6f79c761fe9b6 is an ERC20 token.

   • mint: creates more tokens out of thin air, up to the mint cap limit

3. EPOCH-LP (80/20) contract: 0x82b8c7c6fb62d09cfd004309c1f353fb1a926edc is a weighted pool.

   • setSwapFeePercentage: currently set to 5%

   • enableRecoveryMode & disableRecoveryMode

   • pause & unpause

4. vEPOCH contract: 0x731a2572b1cf56cfb804c74555715c8c8b5e980b

   • setAuthorised: which addresses are allowed to transfer vEPOCH tokens in case of new future contracts needing custom staking abilities

     • setAuthorisedLocked: permanently disable the above

   • setMaxDepositDuration: how long is the maximum duration EPOCH-LP tokens can be staked for, effectively setting the maximum vEPOCH mintable per LP token

     • setMaxDepositDurationLocked: permanently disable the above

5. ITO contract on multiple networks, using Mainnet contract for reference: 0x44de78eb54ee54c4151e62834d3b5a29005bde98

   • setProtocolFee: sets the fee that takers pay for all positions future interactions

6. Elders contract: 0xe1de7e2b7fd67f540878902f5e406705947a642f

   • safeMint: create a new Elder NFT, assign metadata of image url, and send to recipient address

   • burn: destroy the Elder NFT, removing it from the recipient address