🏢ViviDAO Management

ViviDAO

ViviDAO - This is a decentralized autonomous organization to which all projects developed for Vivi will be transferred in the course of development. In addition to digital business, ViviDAO participants will also be able to manage real deliveries, agree on new purchases of equipment, improvements within the team and platforms that will be accepted during the vote. Who are the members of ViviDAO - the first members of ViviDAO will be $VIVI token holders who will have the following privileges: 1) Early participate in Vivi APP testing. 2) Voting for the introduction of new technologies. 3) Voting for the purchase of new printing printers, material and their connection. 4) Possibility to set voting within companies. 5) Vote to change the price and add new features. 7) Project support. And also after the launch of the Vivi APP, the development of our own registry for faster work based on DAG technologies and the creation of a bridge for the transition of products and tokens from the Ethereum network will begin. After the launch of the platform itself, this proposal will be put forward along with WhitePaper and development methods. Because at this stage, work is underway to solve the problem of ordering transactions for the correct operation of the EVM (Ethereum Virtual Machine) based on DAG.

Vivi Council

When creating the Vivi project, the creation of a business model was taken as the basis, which affects not only the digital world, but also the real world, creating an open and transparent type of activity and which in the future will move under the control of the community. In this section, we will describe the mechanism by which the community that owns $VIVI will be able to manage and maintain protocols through the Vivi Council in the future, and what types of changes can be proposed within Vivi. It is worth noting initially that the entire governance process was modeled on EIP Ethereum and early versions of change control in open source software. *Ethereum Improvement Proposals (EIP) are standards that define potential new features or processes for Ethereum. EIP provide technical specifications for proposed changes and serve as a "source of truth" for the community.

Council

To elect council members, $VIVI holders have the opportunity to nominate a person for a seat on the council, as well as delegate their vote to a candidate of their choice. Candidates for council members must be proposed before the set election date, followed by a formal voting period of 72 hours to select the top three for the Vivi platform management role. The VieDAO will then match all proposed members from the Vivi Council Discord and prepare candidates for Snapshot voting.

(“VieDAO” and “Vivi Council” will serve as our original governance model, which is subject to change as we strive to implement better decentralized governance models for the Vivi platform).

Square voting

The square voting mechanism will be used to reduce the votes of large $VIVI holders and reduce the plutocracy. We have chosen this particular system because it has been used successfully by a number of other protocols and is fairest way to weight votes for complete fairness in their conduct.

Specification

In this specification, there are two main components for the new control system:

The Vivi Council will be made up of candidates voted by $VIVI token holders to influence community members who can discuss and make technical changes, and not directly give large $VIVI holders disproportionate voting power.

Offers

Vivi offers (protocol changes via VCCP and VIP) that are submitted to the VIP GitHub repository and will be hosted in the Vivi offer space. Proposals must be generally agreed upon by a qualified majority to become effective.

VCCP Definition

Vivi Configuration Change Proposals ("VCCP") are documents that make an argument in favor of changing one of the Vivi system configuration variables. The goal is to provide a clear and detailed history of each configuration change and its rationale at the time of its implementation. The author of the document is responsible for reaching consensus in the community and documenting dissenting opinions. Later there will be a separate blog on how to write VCCP correctly.

System configuration variables that can be changed using VCCP can include:

*Custom Board Values *Marketplace fee. *Balance changes. *VIP definition.

The purpose of the Vivi Improvement Proposals "VIP" is to make changes in Vivi transparent and manageable. VIP is a draft document that provides information to the Vivi community about proposed changes to the system. The author is responsible for reaching consensus in the community and documenting dissenting opinions. Later there will be a separate blog on how to write VIP correctly.

Improvements made with VIP may include:

*New contracts. *New systems. *Extensions. *Character sets.

Age of the Council

Members of the Vivi Council will serve for the duration of the Council Age (the length of the Age can be configured via the VCCP), and during the Council Age, their main duties include discussing and voting on the VCCP and VIP in the public discord forum. If there is a case where a council member must leave during the Age, the Council will continue but, the super majority formula will change (every normal motion must be a super majority).

Meta management

There will be situations where a decision needs to be made about changes to the Vivi board. Any proposals for meta-governance must be adopted unanimously.

Council Scholarship

Initially, $VIVI payments to Council members will be paid manually by ViviDAO at the end of the Council era. In the event that enough Council Member votes are withdrawn before the end of the Age of the Council to remove them from the Council, they will receive a $VIVI reward proportional to their time on the Council during that Age. The replacement member will receive an award of $VIVI in proportion to their time on the Council.

Executioner DAO at discretion

Even though the council has reached consensus on the proposal, the ViExecutionerDAO still acts as a support for the protocol and can intervene in the event of an emergency.

Data sheet

The ViExecutionerDAO (VieDAO) will need to create a modified version (or custom contract) of the NFT that can be revoked and issued to EOA (addresses owned by external owners), which means the wallet is part of the Vivi Council. A new space on Snapshot will be created to host the election process for the Vivi Council. Addition of a new "Vivi Proposal" space that uses a new explicit counting strategy for VieDAO NFT issued.

Custom Board Values (via VCCP)

The deadline for nominating candidates to the Council is originally set at 72 hours before the start of the election period. Election Period Length - the duration of the election cycle. At the end of the election period, council members will be issued their NFT.

The council epoch - the period after which token holders must transfer their votes to new and existing council members (to avoid stagnation and transition of power) - is initially set to 3 months, with initial elections on January 13 of each year.

Temporary blocking period - the period during which the proposal is under consideration before its implementation. Initially set to 24 hours.

Vivi Council Seats - The number of seats available on the Vivi Council, and therefore the number of votes required for a super majority.

"Vivi - the platform where content creation meets cutting-edge technology, all in a secure and decentralized environment."

VIVI does not in any way represent any interest, interest, right, title or interest in the Project, their respective affiliates or any other company, enterprise. VIVI does not entitle token holders to any promise of fees, dividends, income, profits or return on investment, nor is it intended to create securities in Singapore or any other relevant jurisdiction. VIVI may only be used on Vivi, and possession of it does not carry any rights, express or implied, other than the right to use VIVI as a means to allow you to use and interact with Vivi. The pricing of VIVI in the secondary market is independent of the efforts of the Vivi team, and there is no token functionality or scheme designed to control or manipulate secondary prices.