Bringing Market Forces to Group Decisions
Unlike traditional DAOs where voting power is static, MarketDAO introduces a revolutionary approach: tradable voting tokens for each election.
This creates a dynamic governance system where voters can:
The result is a governance framework that more accurately captures the true strength of preferences and creates efficient markets around governance decisions.
Voting tokens are freely transferable during elections, allowing market forces to influence governance outcomes.
Purchased governance tokens are subject to a vesting period with automatic cleanup and consolidation, protecting the DAO from hostile takeover attempts.
Voting tokens are minted on-demand as participants claim them, reducing gas costs for proposal creators.
Optionally limit token purchases to existing holders, requiring new members to be approved via governance proposals.
Non-holders can submit join requests to become members, which are voted on by existing token holders.
Unlimited scalability with O(1) snapshot creation, supporting 10,000+ holders without gas limit concerns.
Create resolutions, treasury transfers, governance token minting, and parameter change proposals.
Customizable support thresholds and quorum percentages for different governance needs.
Support for ETH, ERC20, ERC721, and ERC1155 assets in the DAO treasury.
Elections can end early when a clear majority is reached, improving efficiency.
Built on the ERC1155 standard for flexible token management, with token ID 0 reserved for governance tokens.
All major governance parameters can be modified through democratic voting, including support thresholds, quorum requirements, election duration, vesting periods, and token prices.
Non-holders connect their wallet to the DAO interface.
Provide a description introducing yourself and why you want to join.
Existing members review your request and add support if they approve.
Once support threshold is met, members vote on your admission.
If approved, you receive 1 governance token and full DAO access.
Governance token holders can submit various types of proposals.
Proposals need to reach a support threshold before triggering an election.
When triggered, governance token holders can claim voting tokens 1:1 with their vested governance token balance.
During elections, voting tokens can be freely bought and sold.
Cast votes by sending voting tokens to YES/NO addresses.
If the proposal passes and meets quorum, it is automatically executed.
MarketDAO is built on Solidity with a focus on security and flexibility:
The system consists of three main components:
When creating a new DAO, you can configure:
Note on Basis Points: All percentage parameters use basis points for precision (10000 = 100%, 5100 = 51%, 2000 = 20%, 250 = 2.5%), allowing for 0.01% precision.
MarketDAO is open source and ready for deployment:
src/ directory for all Solidity contractsClone the repository and follow the deployment instructions in the Technical Reference to deploy your own instance on any EVM-compatible network.
MarketDAO is just getting started, with plans for: