DFV is governed by whoever holds and delegates DFV. Everything on this page is read straight from the contracts — the interface can do exactly what the code allows, and nothing else.
Holding DFV gives you no voting power at all until you delegate it — including to yourself. This catches nearly everyone. One transaction, once, and your balance starts counting.
Read live from 0xFa85F00e72B4EfD4d02BB252CdAE23EeE8294508. These are not our description of the rules — they are the rules.
14 days before voting opens, then 30 days to vote — 44 days minimum from proposal to decision. Long enough that nobody is rushed, and far too long for a borrowed-token governance attack to survive.
Filing a proposal needs 694,200,000 DFV delegated — roughly $160,757 at the current market price. Proposals therefore cost real conviction, and spam is priced out entirely.
Voting power is not handed out. It is bought on the open market and delegated. Every vote represents someone who paid for their say at the same price as everyone else.
Most DFV cannot vote. 117,490,583,691 sits in the Uniswap pool and 20,827,343,223 is locked in the vesting contract — neither delegates, so neither has a voice. Voting power only exists once tokens are held in a wallet and delegated.
2.51% of the tokens needed for quorum currently exist in a form that could vote.
Governance is not active yet. Quorum needs 20,826,000,000 DFV of delegated votes, and at most 522,073,086 could vote today even if every holder delegated. That gap closes as DFV is bought out of the pool and as vested tokens are claimed and delegated — roughly $4,822,699 of tokens must move into voting hands before the DAO can decide anything. Until then this page is honest about it rather than pretending otherwise.
491,353,345.96 DFV is held in a 2-of-6 Gnosis Safe at 0xaF786e8cDD7E4390BD629bfDec8f090268FE2934.
Being explicit, because it matters: the DAO contract cannot move these funds by itself. A vote decides, and the Safe signers execute. The multisig exists so the treasury cannot be lost to a single mistake or a single key — the trade-off is that spending it takes a human signature as well as a vote.
| Safe owner | On Etherscan |
|---|---|
| 0x71b8…5c25 | 0x71b83d53fed1154901c58b8a7ff9569ac1d45c25 |
| 0x015f…8331 | 0x015fc9c8b333aeb7a91fd966bbfe6ff9a0ef8331 |
| 0x6ff3…fe15 | 0x6ff356d67b2499fb8da1fc00ea445044d2d4fe15 |
| 0xf054…f378 | 0xf0549a19854a95f702db29badc7ca05d1bf8f378 |
| 0x24f5…82fe | 0x24f56a1804bc9b4d0882d6462433c42ae1c882fe |
| 0x0103…1750 | 0x01031ea895b673925344535796c928791f461750 |
| What | Address |
|---|---|
| DAO (Governor) | 0xFa85F00e72B4EfD4d02BB252CdAE23EeE8294508 |
| TimeLock | 0x43ACaFdA67E62a6248183830E03e6E4D3F823eDc |
| DFV token | 0x92513406F8AE28D83Dfeb401BCb0c9Df9b690f07 |
| Treasury Safe | 0xaF786e8cDD7E4390BD629bfDec8f090268FE2934 |
| Vesting | 0xdE3Cb3D571F575D3AfAA73b61A6041522eF02D0e |
The token itself is immutable: six functions, no mint, no burn, no pause, no upgrade, no owner. The supply that exists is the supply that will always exist. Governance parameters live on the DAO contract and can only be changed by a passed proposal.