In GCapital, a DAO, the holders of GTON are vested with a voting power on the direction of Graviton development: the polling of holders’ decisions are conducted through offchain voting, whereas the protocol updates with the associated alterations to the smart contracts require a multisignature procedure. Thus, the smart contracts of the DAO are signed through a multisignature, with the developers of GCapital and various representatives from the most prominent and respected DeFi projects participating as signatories.
The composition of participants will change as the project develops. The exact personal identities of multisig providers will not be revealed, which does not preclude a multisig signatory from disclosing their own identity to the public if they so choose.
The current line-up of multisig participants (6/10 consensus is required):
- 1.Fantom - C-Level Executive
- 2.Binance Smart Chain - Core Dev Manager
- 3.1inch - C-Level Executive
- 4.LobsterDAO - admin
- 5.Industry Leader in the Oracles Infrastructure - Core dev team
- 6.Early Advisor / Investor
- 7.G21 Team - CTO
- 8.SuSy Team - Product Owner
- 9.SuSy Team - CTO
- 10.YellowBlock - Founding & Influencers team
This two-stage configuration, with voting/proposals by tokenholders and direct alteration of smart contracts via multisig, will ensure an open and transparent development of GCapital and seamless migration of infrastructure-critical smart contracts.