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<!DOCTYPE html><!-- This site was created in Webflow. https://webflow.com --><!-- Last Published: Mon Jul 08 2024 03:10:05 GMT+0000 (Coordinated Universal Time) -->
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<head>
<meta charset="utf-8">
<title>Governance</title>
<meta content="Symmetric Protocol Governance for managing fees, incentives, partnerships & growth" name="description">
<meta content="Governance" property="og:title">
<meta content="Symmetric Protocol Governance for managing fees, incentives, partnerships & growth" property="og:description">
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<div class="section cc-home-wrap">
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<div class="heading-jumbo-small"><strong>SYMMETRIC </strong>Governance<br></div>
<div class="text-block-4">Protocol Governance for managing fees, incentives, partnerships & growth<br><strong><em>PLEASE NOTE : Governance is moving into the Symmetric App itself</em></strong></div><img src="images/Governance-tile.png" loading="lazy" width="200" sizes="(max-width: 479px) 80vw, 200px" alt="" srcset="images/Governance-tile-p-500.png 500w, images/Governance-tile-p-800.png 800w, images/Governance-tile.png 1000w" class="image-4">
<div>
<a href="https://app.daohaus.club/dao/0x64/0xfbf938211af2b7aaf0c87cf522355d837f3f4ca4" target="_blank" class="button cc-jumbo-button cc-jumbo-white w-button">Join The DAO</a>
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<div id="w-node-_882c1e66-be68-53b7-2e73-035a9bb340ec-3b2110e3">
<div class="details-wrap">
<div class="label">DESCRIPTION</div>
<div class="paragraph-light">This section outlines the governance of the project</div>
</div>
<div class="details-wrap">
<div class="label">launched</div>
<div class="paragraph-light">May 2021</div>
</div>
<div class="details-wrap">
<div class="label">goovernance token</div>
<div class="paragraph-light">SYMM</div>
</div>
<div class="details-wrap">
<div class="label"><strong class="label">circulating supply</strong></div>
<div class="paragraph-light">The current circulating supply can be found HERE<br></div>
</div>
<div class="details-wrap">
<div class="label">Token Contract</div>
<div class="paragraph-light">Gnosis<br>
<a href="https://blockscout.com/xdai/mainnet/address/0xC45b3C1c24d5F54E7a2cF288ac668c74Dd507a84" target="_blank">0xC45b3C1c24d5F54E7a2cF288ac668c74Dd507a84<br></a><br>Ethereum <br>
<a href="https://etherscan.io/token/0x57db3ffca78dbbe0efa0ec745d55f62aa0cbd345">0x57dB3FfCa78dBbE0eFa0EC745D55f62aa0Cbd345</a><br>Celo<br>
<a href="https://explorer.celo.org/tokens/0x7c64aD5F9804458B8c9F93f7300c15D55956Ac2a/token-holders" target="_blank">0x7c64aD5F9804458B8c9F93f7300c15D55956Ac2a</a>
</div>
</div>
<div class="details-wrap">
<div class="label"><strong class="label">Which platform is thee dao hosted on?</strong><br></div>
<div class="paragraph-light">
<a href="https://app.daohaus.club/dao/0x64/0xfbf938211af2b7aaf0c87cf522355d837f3f4ca4" target="_blank">Symmetric DAO on DAOHaus</a>
</div>
</div>
</div>
<div id="w-node-_882c1e66-be68-53b7-2e73-035a9bb34110-3b2110e3"><strong class="label">Why participate?</strong><br>Symmetric is a community driven and governed project, through the Symmetric DAO. Members can influence growth initiatives, manage fees and incentives by participating. <br>Developers can also create improvement proposals for custom bounties created just for them<br><br><strong class="label">What are the membership dues?</strong><br>A one time contribution of 10 SYMM tokens applies*<br><sub>*limited time only</sub><br><br><strong class="label">who are the members?<br></strong>Symmetric DAO consists of the operations team, core community and partner projects. <br>The DAO however, is open to anyone and is actively encouraging users and potential users to join.<br><strong class="label"><br>What are the responsibilities?</strong><br>DAO members are expected to actively participate in governance related matters and express their opinions in an open forum. They are responsible to ensure they act in the best interests if the protocol.<br><br><strong class="label">What are the benefits?</strong><br>It is important to note that changes to upgrades to the protocol can only be made through the DAO. All enthusiasts are invited to join the DAO and help shape Symmetric<br><br><br></div>
</div>
</div>
</div>
<div>
<h1 class="heading-jumbo-small">Governance Process</h1>
</div>
<ul role="list">
<li><strong>Phase 1</strong><br>The Temperature Check process determines whether there is sufficient will to make changes to the status quo. DAO members will raise a concern or outline objectives of the proposal on Symmetric Discord and start a community discussion. <br>If the Temperature check does not suggest a change from the status quo, the topic will be closed and retired on Discord. If the Temperature Check does suggest a change, proceed to Stage 2: Consensus Check (Proposal creation and community vote).</li>
<li><strong>Phase 2<br></strong>This stage incorporates feedback from the community discussion around a potential proposal. The proposal is then drafted and submitted for a vote on DAO Haus. At the end of five days, a majority vote threshold wins.</li>
<li><strong>Phase 3</strong><br>Proposal implementation is the final step in the governance process. The proposal should incorporate feedback from the first 2 phases and the implementation occurs under the joint supervision of the community, operations team and DAO members.</li>
</ul>
<section class="logos-title-large-2">
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<h2 class="heading-jumbo-small">Hosted on</h2>
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