This Constitution establishes the principles, structure, and operating rules of CaveBro DAO. It is a living document — amendments may be made by supermajority governance vote. The version number and ratification date are updated on each amendment.
Nothing leaves your device. This is the non-negotiable rule for membership in the CaveBro ecosystem.
Holders signal. Devs execute. Neither role overrides the other.
The cave is dark by design. No tracking, no ads, no pivot to surveillance.
We do not ask for trust. We publish contracts.
Any proposal that contradicts these principles is invalid regardless of vote outcome. The founding principles may not be amended.
Any wallet holding $LOCAL tokens is a member of CaveBro DAO with governance rights proportional to their token balance at the time of a governance snapshot.
Wallets holding CaveBro Genesis NFTs have additional governance weight as specified in the NFT Terms. NFT governance weight is additive to any $LOCAL-based voting weight.
Developers whose apps have been approved by governance vote are members of the CaveBro DAO developer tier. They have no special voting rights beyond their token holdings, but they have the right to receive ecosystem fund allocations as approved by governance, and to submit proposals without a minimum token holding requirement.
The founding team holds 15% of total $LOCAL supply subject to vesting as described in the Token Disclaimer. The founding team participates in governance as token holders. No special founding team veto or override power exists after TGE.
Phase 1 (genesis): Off-chain voting via Snapshot. Gasless for all participants. Snapshot space: TBD at launch.
Phase 2: Migration to on-chain governance (target: after 1,000 unique token holders and $500K TVL in staking contract). Timeline subject to governance vote.
| Source | Weight |
|---|---|
| 1 $LOCAL token | 1 vote |
| 1 Genesis NFT | 1,000 votes |
Voting weight is calculated at the snapshot block height for each proposal. Weight is non-transferable during an active vote — tokens moved after snapshot do not affect the vote.
| Proposal type | Quorum | Approval | Discussion | Vote period |
|---|---|---|---|---|
| New app / dev onboarding | 5% circulating | Simple majority | 7 days | 5 days |
| Dev allocation size | 5% circulating | Simple majority | 7 days | 5 days |
| Treasury spending | 5% circulating | Simple majority | 7 days | 5 days |
| App / dev removal | 10% circulating | 67% supermajority | 14 days | 7 days |
| Fee split change | 10% circulating | 67% supermajority | 14 days | 7 days |
| Emission schedule change | 10% circulating | 67% supermajority | 14 days | 7 days |
| Constitution amendment | 15% circulating | 75% supermajority | 21 days | 7 days |
| DAO wind-down | 20% circulating | 80% supermajority | 30 days | 14 days |
To submit a standard proposal, a wallet must hold a minimum of 10,000 $LOCAL at the time of submission, or be a registered DAO developer.
Proposals must include:
Proposals that are unclear, incomplete, or that contradict the founding principles will be rejected by the founding team during Phase 1. Once Phase 2 onchain governance is active, rejection requires a separate governance vote.
If quorum is not reached by the end of the voting period, the proposal fails. It may be resubmitted after a minimum 7-day cooling-off period. The resubmitted proposal may not materially change its substance — to change substance, a new proposal must be filed with a fresh discussion period.
Any app proposed for inclusion in the CaveBro ecosystem must satisfy the founding principle: nothing leaves the user's device. This is a hard requirement. No proposal for an app that transmits user data externally will be accepted for a vote.
A developer proposing app inclusion must provide:
Approved developers receive ecosystem fund allocations as voted. Allocations are released on a schedule determined per proposal (typically monthly over 6–12 months). Allocations are held in the ecosystem fund multisig and released automatically per the approved schedule, subject to the developer not being removed by governance.
Approved developers commit to:
A developer may be subject to removal from the CaveBro ecosystem if:
The DAO treasury receives revenue from the following sources:
The initial contribution rate is set by the founding team prior to the first app onboarding and published in the governance forum. Subsequent changes require a simple majority governance vote. To reduce friction for early-stage apps, governance may vote to apply a reduced rate for the first 12 months of an app's membership. The rate applies to net revenue received by the developer after deducting platform marketplace fees (e.g. Apple App Store, Google Play Store cuts).
| Source | Staking rewards | Ecosystem fund | Operations |
|---|---|---|---|
| App revenue share | 30% | 50% | 20% |
| LP fees | 40% | 40% | 20% |
| NFT royalties | 20% | 60% | 20% |
All treasury funds are held in a Safe multisig on Base. Signers and threshold are published on-chain and in the official Discord. Treasury transactions above a defined threshold require governance approval before execution.
The founding team publishes a treasury report each season (every 3 months) covering: revenue received, distributions made, ecosystem fund balance, and staking rewards emitted. Reports are posted to the governance forum and Discord.
$LOCAL emission follows a burn-linked seasonal model:
Emission occurs at the start of each season. The burn count for the reference season is locked at the end of that season and is verifiable on-chain.
Changes to the emission schedule require a 67% supermajority governance vote.
This Constitution may be amended by a 75% supermajority governance vote with a minimum 15% circulating supply quorum, following a 21-day discussion period and 7-day voting window.
The founding principles in Article I may not be amended under any circumstances.
All amendments are recorded with version number, date, and the on-chain vote result. The full amendment history is maintained in the public governance forum.
This Constitution was ratified at the CaveBro DAO genesis. It is a living document subject to amendment by the community it governs.
CaveBro DAO · $LOCAL · Base · Nothing leaves your device