2. Governance and DAO Participation
Every $VEIL token confers a governance right within Veil DAO, the on-chain body that guides the protocol’s product, economic, and technical evolution.
How voting works
Quadratic weighting: Voting power increases with stake but at a diminishing rate, preventing large holders from single-handedly dominating.
Tiered proposal rights: Any holder above a small threshold may submit a Veil Improvement Proposal (VIP). Higher-balance tiers receive priority in the proposal queue and can sponsor time-sensitive votes.
Delegation: Token holders who prefer not to vote directly can delegate their voting power to representatives.
What the DAO decides
Product roadmap: Which AI agents, models, or app modules are developed next
Economic parameters: Staking multipliers, fee schedules, and treasury allocation strategies
Partnerships and listings: Exchange integrations and enterprise collaborations
Technical upgrades: Changes to the custom TAO subnet or other core infrastructure
Governance process
Discussion: Community debate and drafting of a VIP.
On-chain vote: Recorded by audited smart contracts.
Timelock: A timed window before execution, allowing the community to review or raise objections.
This framework keeps control transparent, balances the voices of both small and large holders, and ties every major decision directly to the collective will of the $VEIL community.
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