Can a DAO Vote to Alter a Pre-Programmed Vesting Schedule? ⎊ Path

Can a DAO Vote to Alter a Pre-Programmed Vesting Schedule?

It depends on the initial design of the vesting smart contract. If the contract was coded with an 'owner' or 'governance' function that allows for modification, a DAO vote could potentially alter the schedule.

However, if the contract is truly immutable and decentralized, no entity, including the DAO, can change the pre-programmed release terms. Investors prefer immutable contracts.

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Can a Smart Contract Manage Both Lock-up and Vesting Automatically?

What Are the Key Differences between a DAO’s Smart Contract-Based Governance and Traditional Corporate Governance?

What Are the Differences between Single-Function and Cross-Function Reentrancy Attacks?

What Is a Common Pitfall When Implementing Access Control (Checks) in Smart Contracts?

How Are ‘Tokenomics’ and ‘Vesting Schedule’ Related in a Crypto Whitepaper?

What Is the Primary Difference between a ‘View’ Function and a ‘State-Changing’ Function?

How Does a Milestone-Based Vesting Schedule Work?

Glossar

Vote

Mechanism ⎊ A vote, in the context of decentralized finance, is a cryptographic transaction that expresses a participant's preference or approval regarding a proposal, parameter change, or the selection of a validator.

Pre-Programmed Vesting

Vesting ⎊ Pre-programmed vesting refers to the implementation of token release schedules directly within a smart contract on a blockchain.