2.0 The Governance Token: Tellus

2.1 What is the Tellus Token?

The Tellus token is the foundation of governance in The Voyage DAO. It allows community members to participate in decision-making processes through voting. Utilizing blockchain technology, the Tellus token ensures all votes are transparent, traceable, and fair.

2.2 Features and Usage

• Voting Rights: Each Tellus token grants voting rights in the DAO, enabling members to shape the game universe.

  • Example: A player can vote for or against a proposed change to the game’s economic model.

• Quadratic Voting: This method balances power distribution among members, with vote strength increasing non-linearly based on the number of tokens.

  • Example:

    • 1 token = 1 vote

    • 4 tokens = 2 votes

    • 9 tokens = 3 votes

• Proposal Fees for Commitment: A minimal fee is required to submit a proposal to ensure seriousness. This fee is permanently burned, reducing the number of tokens in circulation and strengthening the economy.

  • Example: A member proposing a new feature must pay a Tellus token fee.

• Revenue Stream for the DAO: Fees and token burning contribute to a sustainable economic model.

2.3 Practical Use Examples

1. Implementing a New Feature

   • A player proposes adding PvP battles as a new game mechanic.

   • Process:

     • The proposal is refined in the Forge of Ideas.

     • The community votes using Tellus tokens.

     • The proposal is approved and implemented by the Overseers.

2. Budget Allocation Decisions

   • The community votes on how funds in the Treasure Chest should be distributed for various development projects.

   • Outcome: Funds are allocated to develop new quests and improve server capacity.

3. Amending DAO Structure

   • A player proposes creating a new sub-DAO to manage specific game updates.

   • Requirement: The proposal needs 70% support to pass.

2.4 Token Economy and Proposal Commitment

• Balanced Economy: Burning Tellus tokens creates a deflationary model, enhancing token value over time.

• Proposal Fees: Fees for submitting proposals or participating in specific processes generate revenue to support DAO operations.

2.5 Why is the Tellus Token Important?

The Tellus token is central to the DAO model, ensuring:

• Democracy: All members have a voice, regardless of token quantity.

• Accountability: Proposal fees ensure only serious and thoughtful ideas are submitted.

• Sustainability: A balanced token economy supports the DAO’s long-term growth.

• Innovation: Members contribute to the continuous improvement of The Voyage Trilogy through proposals and voting.