Core Governance Mechanisms of DAO

Cooker.club’s DAO governance system consists of three core mechanisms: Proposals, Voting, and Execution, ensuring that the governance process is efficient and transparent, and truly implements community autonomy.

1. Governance Proposals (Proposals)

Any $COOK token holder can submit proposals on the DAO governance platform, suggesting changes to the platform's economic model, protocol upgrades, and fund allocations. Proposal content may include:

• Platform Upgrades: Adjusting the AI agent’s Create-to-Earn rules, optimizing the token burn mechanism.

• Fund Allocation: Deciding how to use the $COOK funds in the DAO treasury, such as for ecosystem incentives, content creation subsidies, and marketing.

• Economic Adjustments: Modifying transaction fees, listing fees, buyback ratios, etc.

• Ecosystem Development: Supporting new AI agent categories, cross-chain integration, and platform feature expansion.

All proposals must go through the DAO review process to ensure that they align with the platform’s long-term development goals before entering the voting phase.

1. Community Voting (Voting)

All $COOK token holders can participate in the vote according to their token holdings, deciding whether a proposal is approved. The voting mechanism adopts On-Chain Governance, ensuring fairness and immutability.Voting mechanisms include:

• Single Choice Voting: For simple governance changes (e.g., adjusting transaction fees or token burn ratios).

• Weighted Voting: Voting weight is given based on $COOK holdings to ensure holders participate in governance according to their contribution.

• Timelock Governance: Some governance decisions (such as fund allocations) may require a time delay before execution to ensure stability.

After voting is completed, if the proposal meets the approval criteria, it will move to the smart contract execution stage.

1. Smart Contract Execution (Execution)

Once a governance proposal passes the community vote, smart contracts automatically execute the decision, ensuring that the governance process is trustless and irreversible.Execution content may include:

• Fund Allocation: Releasing funds from the DAO treasury for marketing, developer support, ecosystem subsidies, etc.

• Parameter Adjustments: Modifying the $COOK token's economic model, such as changing liquidity mining rewards or adjusting transaction fees.

• Smart Contract Upgrades: Updating platform contract functions, such as optimizing AI agents' NFT economic mechanisms or adding new interactive features.

This automated execution mechanism avoids the risks of centralized decision-making and ensures that all governance decisions are 100% determined by the community and executed according to on-chain rules.