The Unifi Council of Representatives is the governing body of the Unifi DAO.
Community CRs are one of the two types of Council Representatives that comprise the Unifi Council of Representatives.
Community CRs represent the voice of the overall community of UNIFI holders. Community CR positions will be determined by receiving the most delegation from Elite Class 1 UNIFI tokens and by the available number of CCR seats.
Community CRs will serve on the Unifi Council of Representatives and have the ability to propose or vote on changes to the Unifi DAO. Consensus will be achieved by majority approval from all the CRs.
Rewards for being a Community CR
Governance Reward
This reward is earned by CRs for acquiring enough Elite Class 1 UNIFI delegation to be elected to a CR seat. The pool of UNIFI tokens designated for this purpose will be evenly split between all Community CRs each voting period.
Community Reward
This reward is earned by CRs based on the size of their community, as measured by the amount of Elite Class 1 UNIFI delegated to them. The more Elite Class 1 UNIFI tokens delegated to a Community CR, the more rewards that CCR is allocated each voting period.