VSC-99: DAO Program

Live on Testnet

VSC-99 is deployed and operational on the Vextaris testnet. Create and manage DAOs at daimyodao.com or via the CLI.

VSC-99 defines a protocol-native DAO program for token-weighted community governance on Vextaris. Unlike smart-contract DAOs on EVM chains, VSC-99 DAOs are built into the state machine -- creators configure parameters and deploy with a single operation. No Solidity. No audits. No bytecode.

Relationship to VSC-88

VSC-88  (disc 60-67)  -- Protocol governance + multi-sig (validator stake-weighted)  [LIVE]
                          | shares voting engine
VSC-99  (disc 97-103) -- DAO program (token balance-weighted, user-created)  [LIVE]
                          | reads balances from
VSC-7   (disc 1-4)    -- Fungible token standard (voting token)  [LIVE]

VSC-88 is for protocol-level decisions made by validators. VSC-99 is for community-level decisions made by token holders. VSC-99 reuses the same voting engine (proposal lifecycle, quorum math, double-vote prevention) but with token-weighted voting instead of stake-weighted.

Key Features

One-Operation DAO Creation

A DAO is created with a single CreateDAO operation. The creator defines all governance rules upfront:

Which VSC-7 token determines voting power (or VXS native)
Minimum token balance to propose / vote
Voting period, quorum percentage, approval threshold
Optional execution delay (timelock)
Treasury address and per-proposal spending cap
Allowed proposal types (treasury spend, text, config change)
Optional elder council with veto/fast-track powers

Token-Weighted Voting

Voting power = governance token balance. If you hold 1% of the token supply, your vote carries 1% weight.

Snapshot modes:

At Proposal Creation (recommended) -- Voting power locked at the block the proposal was created. Prevents vote-buying (buy tokens, vote, sell).
At Vote Time -- Simpler but potentially gameable via flash loans or short-term accumulation.

Proposal Types

Type	Description	Effect
Treasury Spend	Transfer tokens from DAO treasury	Auto-executed on approval
Text Proposal	Community signal vote	No on-chain state change
Config Change	Modify DAO parameters (quorum, voting period, etc.)	DAO config updated
Council Action	Council-specific operations	Veto, fast-track, member changes

Elder Council (Optional)

DAOs can optionally configure an elder council -- a small group (up to 11 members) with special powers:

Power	Description
Veto	Kill any active proposal
Fast-Track	Skip voting period, approve immediately
Propose-Only	Restrict proposal creation to council members
Member Management	Add/remove council members (requires M-of-N council approval)

The council is optional and fully configurable. A DAO can launch with no council (pure token democracy), a council with limited powers (veto only), or a council with broad authority.

Operations

Operation	Disc	Gas	Description
`CreateDAO`	97	150,000	Deploy a new DAO with full configuration
`DAOPropose`	98	80,000	Submit a DAO proposal
`DAOVote`	99	40,000	Vote on a DAO proposal (token-weighted)
`DAOExecute`	100	60,000	Execute an approved proposal after timelock
`DAOCancel`	101	40,000	Cancel a proposal (proposer or council veto)
`DAOUpdateConfig`	102	80,000	Update DAO config (internal, via approved ConfigChange)
`DAOCouncilAction`	103	60,000	Council veto, fast-track, or member changes

RPC Methods

Method	Type	Description
`vex_createDAO`	Write	Deploy a new DAO
`vex_daoPropose`	Write	Submit a DAO proposal
`vex_daoVote`	Write	Vote on a proposal
`vex_daoExecute`	Write	Execute an approved proposal
`vex_daoCancel`	Write	Cancel a proposal
`vex_daoCouncilAction`	Write	Council veto/fast-track/member changes
`vex_getDAO`	Read	Get DAO config by address
`vex_listDAOs`	Read	List all DAOs (optional token filter)
`vex_getDAOProposal`	Read	Get proposal details
`vex_listDAOProposals`	Read	List proposals for a DAO (optional status filter)
`vex_getDAOVotingPower`	Read	Get voting power, eligibility, and council status

CLI Commands

# Create a DAO
vexidus dao create \
  --name "MyProject DAO" \
  --token <governance_token_mint> \
  --min-propose 1000 \
  --min-vote 1 \
  --quorum 10 \
  --threshold 51 \
  --voting-period 7200 \
  --from <creator_address>

# Submit a treasury spend proposal
vexidus dao propose \
  --dao <dao_address> \
  --type treasury_spend \
  --title "Fund marketing campaign" \
  --description "Allocate 10,000 tokens for Q2 marketing" \
  --recipient <address> \
  --amount 10000000000000 \
  --from <proposer_address>

# Vote
vexidus dao vote --dao <dao_address> --id 0 --approve --from <voter_address>

# Execute an approved proposal
vexidus dao execute --dao <dao_address> --id 0 --from <executor_address>

# View DAO details
vexidus dao show --dao <dao_address>

# List proposals
vexidus dao proposals --dao <dao_address> --status Voting

# Check voting power
vexidus dao voting-power --dao <dao_address> --holder <address>

DaimyoDAO Web Interface

daimyodao.com provides a full web interface for VSC-99 DAOs:

Browse DAOs -- Search and filter all on-chain DAOs
Create DAO -- Multi-section form (identity, token, voting rules, council, treasury)
DAO Detail -- 4-tab view (Overview, Proposals, Governance, My Power)
Propose & Vote -- Submit proposals, cast votes, execute approved proposals
Council Actions -- Veto, fast-track, member management (for council members)

No backend required -- all data is read from and written to the Vextaris blockchain via VSC-99 RPC.

Proposal Lifecycle

Created (Voting)
    |
    +-- Token holders vote (balance-weighted)
    |       |
    |       +-- Quorum met + threshold reached --> Approved
    |       |       |
    |       |       +-- Execution delay passes
    |       |       |       |
    |       |       |       +-- DAOExecute called --> Executed
    |       |       |
    |       |       +-- (waiting for timelock)
    |       |
    |       +-- Quorum met + below threshold --> Rejected
    |
    +-- Voting period expires without quorum --> Expired
    |
    +-- Proposer cancels --> Cancelled
    |
    +-- Council veto --> Vetoed (if council enabled)
    |
    +-- Council fast-track --> Approved immediately

Security Design

Concern	Protection
Vote buying	Snapshot at proposal creation block -- buying tokens after doesn't help
Flash loan attacks	Same-block manipulation impossible with creation-time snapshot
Council abuse	All council actions logged on-chain, visible to community
Treasury drain	Per-proposal spending cap + execution delay for community reaction time
DAO takeover	Config changes go through full voting process
DAO spam	Max 10 DAOs per creator, creation fee (100 VXS on mainnet)

Competitive Advantage

Feature	Ethereum DAOs	Solana DAOs	Vextaris VSC-99
Deployment cost	$50 -- 500 (gas)	$2 -- 5	~$0.0002
Audit needed	Yes (contract bugs)	Yes	No (protocol-enforced)
Elder council	Custom contract	SPL Governance	Built-in, configurable
Voting snapshots	Off-chain (Snapshot.org)	On-chain	On-chain, protocol-native
Cost per vote	$5 -- 50	$0.01 -- 0.05	~$0.0002
DAO creation UX	Complex (deploy + verify)	Moderate (SPL CLI)	One CLI command or web form

Relationship to VSC-88​

Key Features​

One-Operation DAO Creation​

Token-Weighted Voting​

Proposal Types​

Elder Council (Optional)​

Operations​

RPC Methods​

CLI Commands​

DaimyoDAO Web Interface​

Proposal Lifecycle​

Security Design​

Competitive Advantage​