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The Diva DAO

The motivation for Diva

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🌳 Diva has been conceived as a public good, for the benefit of Ethereum Stakers and the ecosystem at large 🌳

The protocol serves as an automated and trustless software tool, enabling Stakers and Operators to seamlessly perform their tasks while acting as a natural extension of the Ethereum protocol.

The Diva DAO

The Diva DAO represents its users via the Delegated DIVA token holders, who can exercise voting power.

The Diva protocol doesn't extract any fees, and Delegated Diva Token holders are entrusted to govern it as a public good.

There is a fixed total supply of 1,000,000,000 DIVA tokens. Each Delegated DIVA token is worth 1 vote on decisions such as:

  • Deploying the Diva Smart Contracts.
  • Curating the Diva Protocol by adjusting network parameters (if any).
  • Evangelizing for the Diva Protocol.

Vote delegation

Participating in Diva governance can be demanding. For this reason, DIVA token holders are offered to either:

  • Select a delegate who will vote on their behalf, or
  • Self-delegate their tokens to vote directly.

In order to become voting DAO members, token holders must accept their role by delegating their vote to a delegate or to themselves.

The Diva DAO is entrusted with deciding on the final parameters for the launch and operation of the Diva protocol at launch.