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Current Governance Model

Nevellus is ultimately governed by its community, via forum discussions and, when pertinent, voting on proposals held on the Nevellus Snapshot. At this time, only proposals posted to the Snapshot voting system by the CORE can be considered binding if passed with a quorum.

Major structural changes and use of the devfund wallet are voted on by the community, whereas smaller changes affecting operations, as well as changes of Nevellus farming pairs, are decided on by the core team.

Any use of the devfund wallet requires that the Multisig sign it. There must be at least 2 out of 4 signatures for a transaction to be approved.

The Multisig members are trusted members of the DeFi & Ethereum ecosystem: @0xFernandojr

Any changes that are within the purview of the core team, such as rebalancing and administration of farming pools and use of the growth fund, must pass the Operations Multisig with at least 2 signatures.

The Ops Multisig members are: @0xFernandojr

Our goal is to establish a DAO with working, trustless governance. This is not an easy task by any measure, and is not something that will be rushed. All are welcome to discuss how the future DAO should work, as well as how the current governance model works, by participating on our forums and in the #governance channel of our Discord server.