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== Legislative governance == ''Main page: [[Legislative governance]]'' Legislative governance is devoted to changing the future of a DAO, debating and voting on updates to DAO operating parameters and smart contracts ([[Governance#Hard protocols|hard protocols]]), and cultural norms ([[Governance#Soft protocols|soft protocols]]). The mechanism for legislative governance is the [[Validation Pool]] using a series of votes on proposals to adjust existing protocols. The proposals are recorded as posts in the Forum. The series of votes on a single proposal gradually change progressively from optional, non-binding (loosely-coupled) polls of members to binding (tightly-coupled) votes that determine new law. A ''tightly-coupled'' vote means when you vote against the majority, you lose the REP tokens used, and they are redistributed to the winners through the Validation Pool mechanism. ''Loosely-coupled'' votes merely register voters' opinions without any redistribution of REP. Legislative governance in a DAO is primarily concerned with updating the P2P software that automates executive governance. The primary legislative governance activity is adjusting the parameters of the algorithms in the smart contracts. Such governance will always be needed, to optimize any DAOβs interaction with the dynamic market in which it functions, because we are not capable of creating a perfect system that can anticipate the future perfectly. More rarely, but still inevitably, governance will take the form of more dramatic updates to the software, such as updating UIs, updating smart contracts, and most rarely, updating back-end logic that profoundly reorganizes the functioning of the DAO. Secondarily, legislative governance sets the culture for how members can thrive in the group. Legislation determines the rules, as well as the rules for changing the rules. This secondary function of legislation is meant to correct any identified failures or weaknesses of the DAO, which are inevitable.
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