A total of seven Archons will act as a decentralized safety stop for the protocol. Two of these seats are appointed by the Boule to ensure:
The remaining five seats are filled with elected representatives from the DAO as a whole. While all stakeholders, in general, are eligible to run, anyone working for the Boule as a Core Contributor is excluded from the election for these seats (this does not apply to Advisors).
Archons serve for 6-month epochs, and there is no limit to the number of consecutive terms an Archon can serve. Archons are not paid stipends but instead receive an Archon Epoch NFT as a reward for their efforts, which are unique for every epoch and are only paid out to Archons who served for the entire epoch.
An Archon who does not fulfill the responsibilities of their role can be voted out if at least five other Archons support the removal. In such a case, or if an Archon steps down voluntarily, a new election to fill this seat for the remaining time in the epoch is carried out. In the case that this remaining time is under four weeks, however, the next epoch election is executed right away and the four or fewer weeks are added to the new epoch.
NB: The five founding investors of Polemos, who all act as Advisors to the protocol, will fill the five Archon seats next to the two appointed representatives of the Boule for Polemos’ first epoch. This is to ensure that the critical phase of launching into the first game(s) isn’t derailed by issues that could arise due to a rushed community governance. These five seats will be elected as described above, beginning with the second epoch.
Every stakeholder (i.e., someone who is currently staking their Polemos Tokens) is allowed to open a conversation and begin gathering support for a proposed idea they would like to see implemented via a PIP. These discussions will be held on a dedicated governance site. The overarching process from idea to proposal looks as follows:
* = In rare cases of multiple picks within a single proposal, the Archons vote first on whether or not to pass the Ecclesia results. In the case of at least five votes rejecting it, a second Archon vote is launched to determine the final results.
NB: Any time the Archons overrule an Ecclesia vote, a public Q&A with the community must be held. All Archons must explain the reasoning for their decision in writing in advance.
NB: Additional insights into the responsibilities of the Boule, as well as various possibilities for the type of PIPs that might be put forward, will be shared closer to the launch of the Governance site.
PIP and Archon election outcomes are determined through Voting Power based on an individual’s number of staked Polemos Tokens and their token weight. Polemos Tokens must be staked inside one of the three core pools.
The idea of allowing the plain ownership of Polemos Tokens to determine voting eligibility was originally considered. However, as a visionary organization, Polemos favors any mechanisms that encourage long-term commitment and counteract spontaneous and malicious attacks. This is especially the case because the same conditions apply to everyone interested in the Polemos ecosystem, regardless of their time of entry
As a result, it was decided that voting eligibility should only include stakeholders, and there would be an increase in voting power for locking stakes over longer periods.
In order to counteract the possibility of individual wallets reaching a voting power that could threaten the decentralization of Polemos in the long run, two additional measures will be implemented:
Three examples:
Polemos will not only offer scholarships and other ways of gaining value from within the ecosystem but also provide additional incentives to become an active part of its vibrant community. One such incentive is the Honor System, which will give access to a tiered ranking system for all Polemos members embodying a form of sweat equity reward.
The Honor System unlocks additional educational content inside of the Polemos University and is also tied directly into the payout of bonus yield from the Partner Games Vault. This means that ranking up the Honor System can provide even more rewards when playing games that are supported by Polemos via a partnership that includes PLMS as in-game yield:
Honor points will be able to be gained for a variety of activities that provide value to the Polemos ecosystem, such as the following (non-exhaustive) examples:
Metaverse Expansion is the division of Polemos focussed on researching, investing, and cultivating new games for the Polemos DAO. In order for Polemos to successfully maintain an edge for its players, Polemos must stay at the forefront of a number of critical items. These include but are not limited to:
Metaverse expansion efforts will be funded through the Partner Games Vault and the Polemos Vault, and will leverage the highly curated deal flow that Polemos has access to via its network of investors and game developers. By identifying new and up-and-coming games that are of interest to Polemos, the Metaverse Expansion team is able to add new games into its research funnel for investigation and diligence. At a high level, this can be visualized the following way:
*1 = Executed by the Boule
*2 = The Metaverse Council is appointed by the Boule and should ideally consist of both Core Contributors and Advisors to ensure a broad range of skills and experience
The Metaverse Expansion team will adopt certain guidelines regarding how Polemos will approach the research of new games for partnership and investment purposes:
When it comes to the liquidation of assets, Polemos will continue to promote a decentralized approach within the protocol by leaving large-scale decisions in the hands of the Archons. However, the Boule will also have a level of delegated authority so as to ensure the DAO will not miss out on opportunities to capitalize on short-term opportunities that require quick decisions and execution. This will enable some degree of decision-making prior to the Archons’ involvement:
*1 = The Boule can sell assets at its own discretion as long as the monthly sales do not exceed 20% of the DAO’s entire portfolio value in that game.
