OpDez DAO Governance Constitution
- Frank S. O'Hara
- Sep 24
- 2 min read
Integration of DAO and Web-3 Governance Upgrade
Purpose
The OpDez DAO exists to govern the development, funding, and management of NexGen AI Smart Building projects initiated by OpDez Architecture. Its goal is to ensure transparency, collaboration, and accountability in decision-making and resource allocation.
Governance Token
• Token Name: OpDez Governance Token (OPDZ)
• Total Supply: 10,000,000
• Token Utility: Each token represents one vote in DAO proposals. Tokens may also be used for staking and participation rewards.
• Treasury Address: Secured through a Hedera EVM Safe multisig wallet.
Membership and Participation
• Any holder of OPDZ tokens is a DAO member with the right to submit proposals and vote.
• A minimum association requirement must be met on Hedera to participate in governance.
• Token holders are encouraged to delegate voting power if they cannot participate directly.
Proposal Process
• Eligible Proposers: Any member holding at least 50,000 OPDZ tokens.
• Proposal Threshold: 50,000 OPDZ must be staked or delegated to create a proposal.
• Proposal Types: Funding allocation, project approval, governance rule changes, or partnership decisions.
• Voting Delay: 24 hours after submission before voting begins.
• Voting Period: 72 hours for each proposal.
Voting Rules
• Quorum: Minimum of 5 percent of the total OPDZ token supply must vote for a proposal to be valid.
• Approval Threshold: Simple majority of votes cast (greater than 50 percent) determines the outcome.
• Abstain Votes: Count toward quorum but not toward approval or rejection.
Treasury and Fund Management
• DAO Treasury is controlled by a 3-of-5 multisig Safe wallet on Hedera.
• Approved proposals instruct treasury disbursements, executed automatically by smart contracts where possible.
• Treasury funds are dedicated to smart building development, research, partnerships, and DAO operations.
Transparency and Audit
• All proposals, votes, and treasury transactions are recorded on Hedera Consensus Service for immutable audit trails.
• DAO activity reports will be published quarterly to ensure transparency.
Amendments
• This constitution may be amended only by DAO vote.
• Amendment Proposals require a higher quorum of 10 percent of the total OPDZ supply.
• Approval requires a two-thirds majority of votes cast.
Dissolution
• If DAO members vote to dissolve, remaining treasury funds will be distributed proportionally to token holders.
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