# TEC Viva DAO - Harmony

By [TEC Viva](https://paragraph.com/@tec-viva) · 2024-03-18

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Earnings for TEC Viva Dao Harmony
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Trading within the protocol owned liquidity pools will collect 50% trading fees for users that vote within DAO supported proposals. Trading fees will be converted to $TEC and sent to the DAO fund for governance administration. Fees collected will be distributed shortly after the conclusion of each proposal. In order for a TEC Viva Dao proposal to qualify for distribution, the proposal must meet quorum requirements.

Voting on the TEC Viva DAO
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*   1 $TEC = 1 voting power
    
*   In order to vote, users require a voting power of 600 $TEC
    
*   Submitting proposals require a voting power of 3000 $TEC
    
*   Only protocols submitted by the TEC Viva DAO are eligible for distributions
    

DAO Dashboard
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The TEC VIva Dao dashboard can be accessed at this address: **_TBA_**

Submitting Proposals
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If you wish to gain protocol or community support for your proposal, you may submit a draft within the Discord governance channel. The submission of proposals require a voting power of 3000 $TEC. These votes are non-binding. If quorum and support is achieved, the proposal will be automatically upgraded to a TEC Viva DAO proposal and resubmitted for voting with distributions.

### Please adhere to the following format:

*   Link to Discord thread discussion.
    
*   Summary (rationale, timeline, goals, risks, effects)
    
*   End time of a proposal should not be longer than 30 days from its starting time.
    
*   Proposals that do no comply to this format will be removed.
    

DAO Votes
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There are three types of votes.

1.  **Parameter votes** which can modify pool parameters. The votes require a 10% quorum with 30% support.
    
2.  **Protocol votes** which can control most functionality within the protocol. These votes require a 15% quorum with 51% support.
    
3.  **DAO votes** which can control the release of additional circulating supply from the reserve, new protocol liquidity pools, and special interest DAO fund distributions. These votes require a 20% quorum with 51% support.
    

Quorum = total voting power of the circulating supply (Current circulating supply is 200,000 $TEC)

TEC Viva Harmony DAO Fund - Contract address:
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0x30A0Bb8F3e6AB88c08852E92e60f710a67417C8f

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*Originally published on [TEC Viva](https://paragraph.com/@tec-viva/tec-viva-dao-harmony)*