Libre DAO - propose and vote
The DAO is the Decentralized Autonomous Organization which has a treasury and can allocate funds from the treasury for proposals made by token holders to improve the chain or build / integrate applications. It works on the process of 1 token (LIBRE) * staked period = voting power.
By design, the DAO does not have power to change the core constants and smart contracts of Libre. The general operation of the DAO is that proposals are made, voted on for a multiple day period and then either passed or rejected.
The DAO requires at least 10% of all circulating tokens to be voted on a proposal - of the voting tokens, 51% for / against will decide.
The DAO is perpetually funded from the DAO Tax.