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Updated SNS FAQ #2357

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merged 3 commits into from
Jan 18, 2024
Merged

Updated SNS FAQ #2357

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e5938fc
Updated SNS FAQ
csepreghy Jan 18, 2024
47a765f
Update Facts.tsx
csepreghy Jan 18, 2024
14f877e
Update multichain.tsx
csepreghy Jan 18, 2024
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2 changes: 1 addition & 1 deletion src/components/LandingPage/PreHero/Facts.tsx
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Expand Up @@ -323,7 +323,7 @@ export const Facts = () => {
<div className="mt-8 md:mt-20">
<h3 className="md:tw-heading-4 mb-4">Memory is $5/GB/year</h3>
<p className="tw-paragraph-sm text-white/60 mb-0">
Each canister smart contract running on ICP can make 64 GB of
Each canister smart contract running on ICP can make 400 GiB of
persistent memory pages available to its bytecode (orthogonal
persistence allows data structures to be used like databases).
</p>
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2 changes: 1 addition & 1 deletion src/pages/multichain.tsx
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Expand Up @@ -379,7 +379,7 @@ function MultichainPage() {
decentralization model, which can be augmented by placing
the service under the control of an SNS DAO to automate its
maintenance. This is because canister smart contracts can
hold up to 96GB of memory each, and run in parallel with
hold up to 400GiB of memory each, and run in parallel with
great efficiency. Moreover, they can directly serve
interactive web-based user experiences to users by
processing HTTP requests, thanks to ICP’s reverse-gas model
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10 changes: 7 additions & 3 deletions src/pages/sns/faq.tsx
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Expand Up @@ -734,7 +734,8 @@ function SnsFaqPage() {
swap is allocated to the SNS DAO's treasury. Optionally, the DAO can allocate a number of
SNS tokens to be in the DAO's treasury, which all SNSs so far have done. The SNS treasury
is controlled by the DAO, and can only be transferred using proposals that SNS token holders
vote on.
vote on. It is also possible to mint new SNS tokens at any point after the SNS launch, which
can also only be done if the SNS DAO agrees to do so by proposal vote.
</Faq>

<Faq title="What is the purpose of the SNS treasury and how are the funds distributed?">
Expand Down Expand Up @@ -768,8 +769,11 @@ function SnsFaqPage() {
no one can access the SNS treasury. The SNS DAO only grants access
when proposals are adopted through SNS community voting. While it can happen
that the original developer team possesses a meaningful portion of the voting
power, they alone cannot make decisions for the DAO without the approval of
the majority of SNS token holders.
power, they alone cannot make decisions for the DAO without the approval of
SNS token holders. In particular, treasury proposals are considered to be
critical proposals, which have a higher bar to be adopted, including that
they require a higher voting participation and support of a supermajority of
the DAO voters.
</Faq>

</FaqSection>
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