At Farmers DAO, we believe in a governance model that blends efficiency, transparency, and member empowerment. Our aim is to foster a vibrant community that actively participates in shaping the future of agriculture. Here's an overview of our structure and governance.

Core Team Decision-Making

Our core team is entrusted with the responsibility to act swiftly and make decisions in the best interest of the DAO. This approach ensures that critical matters can be addressed promptly to benefit the organization as a whole. The core team's expertise and commitment drive the daily operations and strategic direction of Farmers DAO.

Member Input and Decision Participation

We value the insights and input of our members. Transparency and inclusivity are fundamental principles of our governance. Members have access to information about all decisions made by the core team. They are encouraged to provide their thoughts, suggestions, and feedback on these decisions and even submit proposals for the team to review. Additionally, our core team may choose to submit certain proposals to the wider membership for voting. This way, members actively contribute to shaping the DAO's direction and policies.

Community Fund Autonomy

We believe in empowering our DAO members with complete control over their financial contributions. Therefore, Farmers DAO maintains a separate community fund that belongs solely to the DAO members. This fund is beyond the core team's jurisdiction and is managed entirely by the members themselves. The community fund provides an avenue for members to allocate resources and initiate projects that align with the DAO's mission and vision.

Membership Determined by NFT Ownership

Farmers DAO membership is determined by NFT ownership. Individuals who hold the designated NFTs associated with the DAO become members with a stake in its decision-making and activities. This approach ensures that members have a vested interest in the success and sustainability of the organization. NFT ownership not only grants access to the DAO's governance processes but also entitles members to participate in discussions, propose initiatives, and exercise voting rights.

By linking membership to NFT ownership, Farmers DAO fosters a community of individuals who share a genuine commitment to the DAO's mission. It aligns interests and encourages active engagement among our members, reinforcing our collective dedication to reshaping the agricultural industry for the better.

In summary, Farmers DAO's hybrid governance model combines efficient core team decision-making with active member participation and input. We strive to maintain transparency, promote inclusivity, and empower our community members by ensuring their control over the community fund. Together, we work towards a sustainable and equitable future in agriculture.