🗳️Woken Protocol Votes

$WKN protocol votes

With the $WKN, Woken Exchange's native token, you can submit proposals and vote for the protocol on the DAO

Voting strategy Woken Protocol

Applies to all the Woken protocol proposals and votes (can be changed in protocol voting proposals)

Voting strategy	Value
Minimum required to submit a proposal	100 000 WKN
Minimum required to vote	10 000 WKN
Quorum	25 000 000 WKN
Quorum percentage to validate a proposal	20 %
Time before voting	1h
Time for voting	48h
Rewards	0.25 % + 0.1% if submitter

Types of protocol proposals

$WKN Trading Hours

Validation of $WKN trading hours will always be community-based.

$WKN Trading Hours	Who ?
Proposal submitter	PairAdminDao (protocol)
Persons authorized to vote	WKN Holders

Timekeeper Enabled/Disabled

Enable or disable the $WKN Timekeeper will always be community-based.

Enable / Disable $WKN Timekeeper	Who ?
Proposal submitter	PairAdminDao (protocol)
Persons authorized to vote	WKN Holders

Projects that want to become Certified Project (join the DAO)

Some projects wishing to join the DAO, and thus become Woken Certified Projects, may be submitted to the community for approval. Our aim is to integrate the most promising projects that the community appreciates.

Woken Certified Project	Who ?
Proposal submitter	WKN Holders
Persons authorized to vote	WKN Holders

DAO Settings

All the DAO settings can be submitted to the vote, such as the number of WKNs required to vote for the protocol or Certified Projects, Quorum, voting deadlines...

DAO Settings	Who ?
Proposal submitter	WKN Holders
Persons authorized to vote	WKN Holders

Token Icon on the DEX Token List

Each of our Woken Certified Projects has its Token Icon listed on the DEX token list. However, it is also possible via a community vote, to officially list a project outside the DAO to our Token List, if it is popular, serious and deserves to appear officially on the DEX.

Icon token list	Who ?
Proposal submitter	WKN Holders
Persons authorized to vote	WKN Holders

WKNs required to access services

The number of WKNs required to access to the Timekeeper Events Bot will be adjusted on a community basis. This service must remain accessible to all and adjusted according to the WKN price.

WKNs required to access services	Who ?
Proposal submitter	WKN Holders
Persons authorized to vote	WKN Holders

Protocol evolution

All protocol evolutions are decided by the community. For example, choosing the blockchain on which to deploy the DAO (deploying the WKN on a new chain). Adjusting the percentage of rewards on protocol votes to ensure its sustainability and maintain an APY between 5 and 7%, token burn, enable/disable swapFee for a pair, etc...

Protocol evolution	Who ?
Proposal submitter	WKN Holders
Persons authorized to vote	WKN Holders