VE(3,3)

The VE(3,3) model is a governance model for decentralised autonomous organisations (DAOs) that use tokens to represent ownership and voting power. It is a variant of the more general VE(n,m) model, which is a framework for designing governance systems in which n tokens are required to propose a change to the system and m tokens are required to vote on it.

In the VE(3,3) model, a proposal to change the governance of a DAO requires the support of at least 3 tokens to be put to a vote. Once a proposal has been put to a vote, it requires the support of at least 3 tokens to be passed. This means that the VE(3,3) model requires a relatively high level of support from token holders in order to make changes to the governance of the DAO.

One of the advantages of the VE(3,3) model is that it allows for a relatively high degree of decentralisation, as it requires a significant level of support from token holders in order to make changes to the governance of the DAO. However, it may also make it more difficult for the DAO to quickly respond to changing circumstances or to make necessary changes to its governance.