Overview

This documentation describes Skipper project. Skipper is Decentralized Autonomous Organization (DAO) protocol working on TON blockchain and smart contracts written in Tact lang.

How it works?

Decentralized Autonomous Organization (DAO) is managed via making participant-based decisions. Participants is holders of specific jetton, that acts as vote power. Decisions making is controlled by smart contracts in which described rules of DAO workflow.

• To become DAO participant it need to have specific for this DAO jetton.

• Vote power is depend of amount of jetton participant have.

Proposal lifecycle

[!NOTE] Proposal entity in Skipper terminology is action that proposed by participant, that will be performed by DAO.

E.g. participant propose transfer toncoins from DAO treasury to some other address. If all participants agree, it will be performed

1. New proposal

Participant create new proposal and thus initiates voting for it

2. Voting

Other interested participants votes for or against in the proposal.

3. Executing

If proposal received required amount of "for" votes, DAO performs proposed action.

Otherwise proposal closes, DAO ignores this proposal and performing no actions

Useful links

• Decentralized autonomous organizations (DAOs) on ethereum.org

• What is a DAO in Crypto?

• DAOs, DACs, DAs and More: An Incomplete Terminology Guide

• A Primer on DAOs