Organizations: GOSH DAO and SMV

DAO

Every repository on GOSH is managed as a Decentralized Autonomous Organization - DAO – a tool that allows every developer to build on GOSH in a way that is decentralized, secure, and scalable.

Every organization has, as a minimum, one member who creates and manages repositories. However, once more than one user is added to a DAO, it is then governed through decentralized management mechanisms.

Your can configure your DAO easily. The main of these mechanisms is voting. Any action in a DAO requires a vote and is created through proposals. For example, a user may propose to commit of file into a repository, and a soft-majority vote (SMV) of all other DAO members may be required to approve it. Branches could be locked to require any changes to them to be voted on by DAO SMV.

Soft Majority Voting

Soft Majority Voting, or SMV for short, is a voting mechanism designed for transparency and optional participation.

The outcome of a Soft Majority Vote is decided by the difference between the number of votes for, and the number of votes against a proposal. If nobody objects, a minimum threshold of approving votes is required for the proposal to pass.

If everyone votes either for or against a proposal, 50% + 1 vote is required for the proposal to pass.

If the only votes given are for the proposal, and no one votes against, 10% approving votes are enough for the proposal to pass immediately.

Everything in between these two extremes is a linear dependency between the percentage of votes against and the percentage of votes for, that is required for the proposal to pass.

For important decisions a more strict super majority approval criteria may be set up.

All SMV proposals have a set deadline. When it is reached, accumulated votes are counted, the decision is made, and the proposal pass.

If, however, a majority of 50% + 1 vote is reached early, the proposal passes immediately.

SMV in GOSH

In GOSH one vote is one token.

Tokens and Karma

The total supply of tokens is set when a DAO is created.

A DAO's first user automatically gets 20 DAO tokens and 20 Karma.

Karma is the amount of tokens (upper limit) within which a DAO member can vote.

Karma is either granted by a DAO decision upon member acceptance or earned through repository contribution. This determines the reputation of a DAO member. The Karma can be changed only by voting.

See here for more information.

Voting

If several members jointly vote for a proposal with 50% + 1 token of the Global Karma Count of a DAO then the proposal passes early.

Global Karma Count is the total amount of Karma calculated by summing up the Karma of all DAO members at the time of the proposal creation.

If no one objects to a proposal for the duration of its voting period, 10% of the Global Karma Count is enough, but the proposal will only pass at the end of the voting period.

If votes are split, and neither side achieves 50% + 1 token early, the proposal completes at the end of the voting period and the result is calculated according to the SMV diagram above.