Please I to know how the DAO voting system works, can every token holders be able vote? or there's any other criteria to vote?
Let us just use this means to list the main activities that will be governed by the DAO so you have the full knowledge on how the DAO works..
-Insurance to cover proof of execution of services as agreed upon by the employee and the employer in the smart contract, % of rewards to be sent out to the referee varies as per the governance and reward pool.
-Referral Program: change the amount of the remuneration for inviting new users to register on the Work Quest platform.
-Pension Program: A voluntary option for employees, classified under lending, to earn interest of 3,5-6.5%.
The amount of accrual of interest may change when changing the lending algorithm and interest in the smart contract.
-Savings Product: A voluntary option, classified under lending to earn a profit of 3-5% in a year.
-Depending upon the type of services being availed there will be template of DAOs to resolve disputes between all involved parties in the most amicable manner.
-Rewards for staking tokens or contributing to the liquidity pool on the platform will be governed by the DAO.
-Changes of insurance packages for p2p insurance funds. Proposals to change the logic of insurance funds, and fund management managers (change their remuneration).
Anyone with 100 WQT can vote or delegate their vote.