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EnreachDAO
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  • Ecosystem Tokens
    • What is NRCH?
      • NRCH Lodes & Lode Timer
      • NRCH Transactional Tax
      • NRCH Governance
    • What are the nFIAT tokens?
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    • What is ChainSwitch?
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  1. Ecosystem Tokens
  2. What is NRCH?

NRCH Governance

EnreachDAO ecosystem governance protocol

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Last updated 3 years ago

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The Risk Committee shall govern the Monetary Policy of EnreachDAO ecosystem, but also the Elastic Reserve and Treasury.

Until 2.5m NRCH tokens are in circulation (Pre-Sale plus 1.25m NRCH emitted from farming), governance decisions will be led by the Risk Committee.

The initial governance rules once 2.5m NRCH in circulation are:

  • Governors are required to hold NRCH to vote in community governance

  • Risk Committee assess and evaluate proposals, with proposals requiring minimum 0.75% NRCH Supply to be put forward

  • Upon Risk Committee successful evaluation of proposal, minimum of 3.75% NRCH supply required to propose onchain vote for the Community

  • Votes proposed to Community require minimum 10% NRCH supply as quorum