POWER DAO it's an inovative DAO that gives the users (who needs to hold the token $POWER ) the option to propose, support and self-organize into communities, and to buy-into the projects they want to see succeed up front. Its pillars are:

• KPI-based governance: Uses blockchain to achieve consensus based on the goals the community wants to achieve
• Participation incentives:Reward $POWER to actors that help the community achieve its goal, and penalizes those who do not
• Reputation: Is transparent with good actors accruing more $POWER, bad actors losing their $POWER token
• Self-stratification: In PowerDAO enables any community to propose and generate a new ChildDAO using the PowerDAO infrastructure

As previously said POWER DAO users can organised themselves in Special Purpose DAOs (SP-DAOs). There are two possible type of DAOs:

• For Profit DAOs: Generate profits and transform them into $POWER to allocate to Stakeholders who engage in decision-making (Example: WAVES DAO)
• Non Profit DAOs: The initiator sponsors the initiative and requests funding in $POWER from Power DAO, which is subsequently distributed upon the completion of key performance indicators (KPIs).

Every SP-DAO:

• has community established KPIs to ensure its growth and success
• voters are rewarded or penalized for decisions and actions that help or hinder the mission

SP-DAO users oversee KPI tracking, completion, and approval, while Power DAO users serve as an arbitration layer to resolve any governance disputes or deadlocks. This applies not only to arbitrary proposals but also to other matters.

Anyone can make a proposal on POWERDAO, by accessing the following https://app.power.tech/mother/proposals!page. One will need to specify:

• Title of the proposal
• WAVES address of the new SP-DAO or of POWERDAO
• Description of the proposal
• A transaction Payload (JSON format)

The cost for making a proposal is 0.005 $WAVES.

Once the Proposal is created it will be voted by POWER DAO users that have $POWER stacked.

TODO: Explain the Governance Model

TODO: Explain utitlity, tokenomic, where it can be bought

• Official Site
• White Paper