Chapter 3: The Cat's Council

Governance is crafted to put power directly in the hands of NFT holders. The Cat’s Council embodies this principle, allowing holders to play a pivotal role in shaping the project's direction.

Treasury Control and Protocol Interactions

A core feature of DiscoCats governance is the control over the treasury by the holders. They hold the keys to the funds, enabling them to make strategic decisions on resource allocation. This control isn’t merely about managing assets, it creates an environment where protocols can compete to earn their trust and investment.

Protocols seeking to engage with DiscoCats would have to offer incentives or bribes to be considered for fund allocation. This competitive process ensures that funds are invested in promising projects, maximizing incentives for the community. DiscoCats holders drive this whole process, ensuring that the ecosystem remains aligned with their interests.

Council Meetings

Regular council meetings will be held where holders discuss and decide on key issues, such as fund allocations and strategic directions. These meetings are open to all NFT holders, promoting transparency and collaborative decision-making. Through these discussions, stakers collectively guide the project’s evolution and ensure that it reflects the community’s goals.

Future Horizons

Looking ahead, DiscoCats envisions cross-chain expansions and building NFT vaults, which could further enhance yield opportunities for holders.