Structure & Governance
Last updated
Last updated
The Polemos DAO structure consists of two distinct components: PolOps, managing operational services, and PolComm, overseeing community governance, each serving specific roles.
PolOps handles daily operations and growth initiatives within Polemos. It maintains project assets and holds delegated authority over decisions such as hiring Core Contributors, setting salaries, providing liquidity to exchanges, and more. Over time, PolOps will establish transparent reporting mechanisms to share fund utilization details with PolComm.
Governed by the Polemos Token (PLMS), PolComm exercises decision-making through Polemos Improvement Proposals (PIPs). These proposals undergo two voting rounds: one involving all stakeholders and another by an elected council known as the Stewards Council. The Foundation commits to implementing reasonable outcomes from this process and directs relevant parts of the Polemos ecosystem accordingly.
The Stewards Council, comprising up to seven councillors, serves as a decentralized safety mechanism for the protocol:
Two seats are appointed by PolOps to ensure that voices with substantial insight and project-related experience contribute to Council discussions and oversee the implementation of approved proposals. Council discussions benefit from open communication and feedback from the broader team, preventing certain initiatives from being blocked entirely.
The remaining five seats are filled by elected representatives from the DAO. Core Contributors working for PolOps are ineligible for these elections (excluding Polemos Advisors).
Councillors serve for epochs lasting six months each, with no limit to consecutive terms. Councillors do not receive stipends.
Councillors failing to fulfill their responsibilities can be voted out if at least five other Stewards Council members support their removal. In case of voluntary resignation or removal, a new election is held to fill the seat for the remaining epoch duration.
To ensure seamless transition to DAO voting, Stewards Council members will be appointed by the founders acting on behalf of PolComm prior to token liquidity. Subsequent elections follow the described process.
Every token holder with staked tokens can initiate a conversation and gather support for a proposed idea they wish to implement via a Polemos Improvement Proposal (PIP). These discussions will take place on a dedicated governance site. The process from idea to proposal is as follows:
If the Stewards Council overrides a PolComm vote, a public Q&A session will be conducted with the community. Ahead of this session, the Stewards Council will provide written explanations for their decision, allowing the community to review the rationale and prepare questions for the Q&A.
PIP and Councilor election outcomes are determined by Voting Power, calculated based on an individual’s number of staked tokens and their token weight, which increases with the duration of staking.
Only token holders who have staked tokens for liquidity provision are eligible to vote. Voting power scales with the length of staking commitments, ensuring that participants with longer staking durations have proportionally greater influence in decision-making processes.
To promote decentralized community governance for the network, PLMS encourages PolComm members to propose and vote on governance proposals for future features, upgrades, and parameters of Polemos, as well as provide feedback. As outlined in the DAO section, voting weight is determined proportionally based on the tokens staked and the commitment period.
The Polemos DAO commits to respecting the outcomes of the voting process regarding features of the Polemos DAO itself. However, it does not grant PolComm members the rights to:
Vote on the operation and management of the company (the Polemos Foundation), its affiliates, or their assets, or the distribution of such assets to token holders,
Select the board of directors or similar bodies of these entities,
Determine the development direction of these entities,
Grant PLMS any equity interest in any of these entities or any collective investment scheme.
This arrangement is not intended to establish a joint venture or partnership.