DAO Structure Phases:

LogIQ will likely transition to full decentralization in stages:

• Initial Governance (2025-2026): In the early alpha/beta stage, governance might be more centralized out of necessity (small team making quick decisions). However, even at this stage, the project should be communicating and incorporating community feedback in major choices (like what features to prioritize).

• Transitional Governance (2027): After mainnet launch, form a Governance Council or committee. This could be a mix of core team and respected community members (top contributors, etc.) who oversee key decisions. Introduce a governance token model where LogIQ Tokens double as voting tokens. Possibly implement simple on-chain votes for parameter tweaks (e.g., adjusting a reward rate or inflation).

• Full DAO Launch (2028): Hand over treasury control and major decision power to token holders. This likely means creating a formal DAO smart contract or leveraging a known DAO framework (like Aragon, Compound’s Governor, etc.). Token holders can submit proposals, which after discussion, go to a vote. A quorum and supermajority might be required for critical changes (like modifying token supply or contract upgrades), to ensure broad consensus. Less critical matters might need lower thresholds.

• Continuous Improvement: The DAO can also vote to change its own rules (meta-governance). For example, if one-token-one-vote isn’t working ideally, they could introduce quadratic voting (to reduce whale influence) or weight votes by a combination of tokens and reputation. Over time, the governance mechanism can evolve as the community sees fit.