Governance
EO is an ERC-721 token that provides tokenholders governance participation in defining the economic parameters of asset primitives originated by Elevado.
Governance Powers
EO holders have two core governance powers: (1) asset primitives guidance, and (2) strategic advisory.
Primitives Guidance
EO holders participate in determining the root parameters of every asset primitive originated by Elevado.
These root parameters may include, but are not limited to:
Liquidity provisioning structures
FDV values
Token generation event (TGE) structures
Supply distribution
Asset-specific constraints
Any other relevant economic configuration related to a primitive
Strategic Advisory
EO holders serve as a strategic, central advisory cohort to Elevado Labs's R&D and operations. Feedback loops between EO holders and the team is aimed at directly influencing high-level community-aligned roadmap decisions.
Governance Process
Governance occurs via a Discord server, which is token-gated via EO.
The governance process takes place individually for each asset primitive (or "project", or "protocol") originated by Elevado. It begins with in-depth discussions and community input, followed by voting polls to define the specific economic parameters of each asset primitive.
Governance is consensus-driven, not token-weighted voting. While multiple EO tokens may amplify access to pre-ICO allocations, all EO holders can participate equally in the governance.
All decisions are ultimately cemented and executed by Elevado Labs, reflecting the consensus reached with EO holders. While Elevado Labs retains ultimate discretion on protocol deployments, the team is fully committed to collaborative governance with the EO holders – leveraging governance as a mechanism for alignment and consensus building between Elevado and EO tokenholders.
Governance Flexibility
Governance via EO is envisioned to be adaptable as it maturates. While the current model empowers a streamlined, corporate-style governance process – centered on informal discussion and consensus-building via polls between EO holders and the Elevado Labs – it can mutates across time.
During inception, governance activities are conducted through a token-gated Discord server, with proposals surfaced, debated, and aligned upon informally. However, EO holders may collectively propose the adoption of more formal, on-chain or off-chain governance structure and framework to codify and ratify key governance decisions.
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