GnosisDAO is a prediction market-driven collective, stewarding the Gnosis ecosystem through futarchy: governance by prediction markets.

Testing the limits of governance by prediction markets, known as futarchy, GnosisDAO will use Gnosis products to transparently guide decisions on development, support, and governance of its token ecosystem. After initialization, GnosisDAO is to have effective control over 150K ETH and 8 Million GNO tokens. Anyone can participate today by joining the Gnosis Forum.

Learn more about the vision in the Announcing GnosisDAO blog post.

The GnosisDAO governance process is primarily conducted using the GnosisDAO category on the Gnosis Forum. For a Gnosis Improvement Proposal (GIP) to be accepted, it must successfully pass through three phases.

GNO Tokens

In the GnosisDAO governance process, the final phase opens proposals to two signaling methods using GNO Tokens.

  1. The GnosisDAO Snapshot space hosts polls to determine a proposal’s outcome. To signal in a GnosisDAO Snapshot poll, you must hold a minimum of 1 GNO.
  2. The Gnosis Impact app uses prediction market prices to calculate the projected price impact on GNO of a proposal’s outcome.

Gnosis Impact App

The Gnosis Impact app uses simple analysis of prediction markets to expose the price that traders are willing to pay for an asset in the condition that a particular event occurs.

Gnosis Impact is available as a plugin on the popular Snapshot governance platform and soon as a standalone app. To learn more, read the Gnosis Impact: Explainer blog post.

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