Skip to content
Submit a form
Submit issue
  • There are no suggestions because the search field is empty.

The structure of Marinade's DAO

As planned by the constitution, Marinade has split the powers and responsibilities in the following way:

MNDE holders - All MNDE holders that locked their MNDE to obtain governance power

  • Ownership of Marinade's treasury
  • Ownership of Marinade's program (still on the ecosystem multisig for now)

Marinade Council - A set of 7 contributors elected internally to drive operations, with a 4/7 multisig on Realms.

  • Power to update the contract parameters (see this )
  • Use the protocol fees to conduct operations
  • Access to Marinade's operational wallet (containing earmarked budgets voted on by the DAO)
  Marinade considers that all governance participants agree to follow this Code of Conduct , ratified by the DAO.