ElevateDAO

ElevateDAO

$ELEV holders will have the power to vote on IDOs, make proposals, and dictate the use of the Elevate Treasury all through our DAPP. As this global community grows, the range of voices will too, allowing for a truly decentralized ESG launchpad.

ElevatePAD IDOs

Community will utilize their token weight to vote on proposed IDO projects, and ultimately will have the final say as to who ElevatePAD supports (except in extreme circumstances). As the community grows, the range of voices represented will to allowing for a truly decentralized platform.

Community Proposals

Our community may wish some day to reduce the $ELEV fees, reduce Elevate Council members term limits, or allocate treasury funds to launch a developmental project incubator. Whatever the Elevate community desires to propose can be done through our DAPP.

Veto

The right to veto can be exercised by both the community and the council. In extreme cases, it is reserved by the Council for the overall benefit of the community. However, the community also has the ability to override the Council’s veto if they receive 75% or more of the vote after the Council has explained its decision and has engaged with the community.