Proposals

Proposals can be submitted by all member in order to set a vote, following two categories:

  • Governance

  • Investment

The proposal will be set to a vote by a representative (EXECUTIVE & EXECUTIVE Divisions) that holds the expertise to execute the best investments.

On-chain attributes

All proposals are stored on-chain, as well as historical votes.

After deployment, and for the DAO to work, the owner of the contract have to externally call a function to set the NFT contract address backing the DAO, that will then be stored on-chain.

Types of proposal structures

All proposal are structured directly into the smart contract library. They all share some common attributes, but otherwise each type of proposal are coded and structured in the smart contract.

Governance proposals

In order to make any operations on your DAO, you must create a proposal. The following proposal are currently available and can be evolutive. These proposals contain several non-exhaustive sub-categories :

Proposal
Operation
Type

Token Issuing

Mint NFT. Invite new member or increase existing member stack

Executable

Redeem

Open / Close liquidity for redeem token

Executable

Add Admin

Allows the specified address to perform specified operation without voting

Executable

Add Representative

Update representative divisions

Executable

Add WL

Allows specified address to mint new token

Executable

Quorum

Allows to change the decision quorum

Executable

Free proposal

Free proposal for ones that wouldn’t fit in other categories (conduct modifications on the protocol, on the governance...)

Manual

Investment proposals

Investing proposals are conductible and submitted by representative of the Asset Division.

Nyx DAO combines quantitative techniques with asset management to build a dynamic and diversify cryptocurrencies portfolio. We are looking for coherent assets allowing us to generate Yield and value to the members.

Proposal
Operation
Type

Allocation

Allocate the vault by vertical to conduct investments : Crypto, NFT, Treasury. You can reevaluate the allocation of the vault.

Executable

Revenue

Redistribute the part of the revenue voted as passive income

Executable

Send tokens

Transfer any token from DAO's balance

Executable

Crypto

Buy / Sell

Executable

NFTs

Buy / Sell

Executable

Swap

Swap a token to another

Executable

Stacking

Stack token

Executable

Custom Tx

Allows to create any custom transaction

Manual

The project is conducted through the Ethereum blockchain, but we do not intent to limit ourselves to this one.

In the long run, we want to invest in various projects that are still at an embryonic stage or in their growth phase.

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