Contracts
Governor
Collab.Land's governor contract is a modified variant of Compound's governor bravo contract, deployed on Optimistic Ethereum for Collab.Land governance voting.
Governor contract parameters
| Parameter | Details | Explanation |
|---|---|---|
| Governance Token | ERC20 $COLLAB | ERC20 token on Optimistic Ethereum |
| Voting Type | simple token-weighted, 1 token = 1 vote | COLLAB tokens must be held in (or delegated to) wallets that hold a membership DAO Pass |
| Voting Cycle | 2/7/5 days | Voting delay 2 days, Voting period 7 days, Execution delay 5 days |
| Quorum Requirement | 1.39M COLLAB, 10% of circulating supply, defined as COLLAB held in wallets also holding DAO Pass | 0.139% of total supply as of 05/26/23, to be updated seasonally |
| Proposal Threshold | 695,000 COLLAB required to create proposal on governor contract | To be updated seasonally to be 50% of Quorum Requirement |