Technical Architecture

Aragon (DAO Framework)

  • Official site: https://www.aragon.org

  • Purpose: Core framework for DAO governance and permission management.

  • Usage: Powers proposal creation, voting, and decision logic.

  • Benefit: Open, modular, and audited infrastructure built for DAOs.

DAO (Permission Management)

  • Regulates proposal creation, roles, and voting rights.

Voting Plugin

  • Manages proposal creation, voting, and execution validation.

  • Integrates with:

    • VotingPowerRegistry

    • CombinedVotingPowerCondition

GovernanceERC20Timelock

  • Handles token timelock during governance activities.

  • Connects NELX tokens to DAO governance.

Gnosis Safe (Multisig Approval Layer)

  • Purpose: Secure multisignature verification.

  • Usage: Every successful proposal must pass multisig approval before execution.

  • Benefit: Adds human-controlled security to prevent malicious or erroneous proposals.

Sablier (Vesting and Streaming)

  • Purpose: Manages token vesting and streaming schedules.

  • Usage: Distributes tokens subject to vesting conditions.

  • Benefit: Ensures gradual, transparent release of tokens aligned with long-term success.

Protocol Execution Targets

  • Any DeFi or protocol smart contracts that require DAO approval.

    • InterestRateContract

    • CollateralManagerContract

    • Any other configurable protocol contract.


Supported Proposal Types

The DAO allows modification of:

  • Base Interest Rate

  • LTV Ratios

  • Available Collateral Types

  • Any parameter requiring governance oversight.

Last updated