Stock Perps DAO

After the launch of the Stock Perps Token, the Foundation will be responsible for transitioning governance of Stock Perps Protocol to the Stock Perps DAO, a new entity comprised of PERP token holders.

Stock Perps DAO’s powers and responsibilities include

• Governing allocations in ongoing and future token programmatic rewards campaigns
• Approving protocol upgrades and canonical deployments on new chains
• Approving transferability or other major upgrades of the token itself

Stock Perps Foundation will act in a supporting role to empower the DAO and represent PERP token holders' interests in connection with operational and legal processes. It will also ensure the maintenance of the protocol’s technology and ecosystem.

The Stock Perps Constitution here details the governance framework of the Stock Perps DAO and the Stock Perps Foundation.

ProtoDAO

Until the distribution of PERP enables reaching quorum, the Foundation have selected a panel of community stakeholders and representatives to vote on key governance decisions.

The ProtoDAO have voted on the Approval of Season 1 rewards campaigns, with the results recorded here.

No future votes are currently expected until quorum is reached by community stakeholders.

Security Council

Security Council with powers delegated to it by the Stock Perps DAO and The Stock Perps Foundation will execute Emergency Actions in response to security threats and perform routine maintenance and upgrades. The Security Council is a committee of 3 members who will serve 6-month terms with future members elected by the DAO. The DAO is able to modify the Security Council's powers or to eliminate the Security Council entirely.

Delegates

Anyone can become a delegate for Stock Perps DAO, and we hope that a core community of delegates develops over the coming weeks and months. The Stock Perps Foundation has selected some initial delegates from the Stock Perps community to bootstrap the list.

If you’d like to apply to be a delegate, you can fill out this form.

Forums & Voting

Discussions, proposal previews and important communications will take place on the new Stock Perps discourse space at forum.superfluid.org, which is hosted and will be moderated by the Stock Perps Foundation.

Voting will take place on Snapshot, where token holders and delegates may vote on submitted proposals. Recipients may vote or delegate tokens that are held in Reserves or currently vesting.

Milestones

• February 19 2025 - Token launched, Streaming Programmatic Rewards Season 1 begins
• Future milestones subject to DAO votes
  • Token Transferability
  • Rewards campaigns for Season 2 and beyond
  • Funding for protocol V2 development
  • Protocol fee switch (in Stock Perps Protocol V2)

Making the future of money Stock Perps

Stock Perps’ mission is to proliferate the concept of streaming money, so that we can push the internet toward a world where everyone is earning a living onchain.

This new phase allows us to unite our users and community members in achieving that vision.

Let’s earn every second, together.