Governance (DAO)
Auto Core is run as a decentralized autonomous organization (DAO), meaning it is controlled and directed by a decentralized network of contributors and community members.
How is Auto Core governed?
As a decentralized organization, Auto Core is proudly governed by our $ACORE token holders. This includes our founders, Core contributors and the wider community, as well as some external holders. Most major decisions that Auto Core takes are put to and voted on by our $ACORE holders through our voting page.
These decisions include how our fees are set, how the protocol and its contributors are funded, how we market Auto Core and what direction we should take on certain decisions. Think of our $ACORE holders as members of the Auto Core legislature.
Voting requires you to hold $ACORE tokens in your wallet. Screenshot is taken by the Auto Core team and voting power is provided to each holder based directly on the amount of $ACORE each voter holds.
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