Governance

Botto aspires for full decentralization through governance. Four forms of governance exist:

Governance of the algorithm. Governance of the artist. Governance of the auction. Governance of the protocol itself.

The Algorithm

Governance of the algorithm has been unlocked at the genesis of Botto. Community participants become eligible to vote on their favorite art fragments provided they hold and stake $BOTTO. Staking $BOTTO generates Voting Points (VP), which in turn can be spent on voting on preferred outcomes of Botto's art. Needless to say, this form of governance influences art generated by Botto.

The Artist

BottoDAO strives for Botto to become a fully decentralized autonomous artist. To do so, the choices we make as a community should be governed accordingly in and through proposals and votes.

Governance for Botto as an artist includes updates to its art engine, "forks" that allow Botto to experiment with new mediums, and the management of its artistic career via its expansion into exhibitions, collaborations, physical artworks, and more.

The Auction

Botto requires governance on the selection of auctioned artwork. 12 weeks after the project launch, the community was able to begin voting Botto's art to determine a weekly minted NFT.

This 12 week grace period was initiated to test and assess decentralized voting behavior, and this grace period came to a close on October 14, 2022, 7 days prior to the end of the first voting period.

Since October 2022, Botto has maintained a weekly cadence of minting 1 Botto work selected from the previous week of voting activity.

The Protocol

This area of governance encapsulates all other processes that BottoDAO follows to fulfil protocol objectives. This includes management of the token and liquidity pools, incentive mechanisms, changes to the project's architecture, and overall project management.

Public Roadmap

A public roadmap for the DAO and external stakeholders was released at the end of the Governance Grace Period. This roadmap indicates the team’s ongoing projects spanning the upcoming three to six months. The roadmap is publicly accessible and doubles as a way for the Botto community to plan and contribute to the future direction of the project.

Governance ProcessSnapshot VotesProposal Template