🗳️ Governance

$MONO holders will be able to vote on protocol tx fees, treasury revenue, and prospective new features. Our service provider is snapshot.org

Community voting will be based on a standard governance framework:

Each $MONO token will allow 1 vote for each proposal.
There is no minimum amount of $MONO required to participate in a vote.
The proposal will need to have equal to, or more than 51% of the votes cast in order to pass
Quorum for proposal voting will be set at 30% of circulating $MONO delegated to voting or else the proposal will not pass.
Each voting period will be 48 hours
Proposals that pass will be executed 48 hours after the vote

Last updated 4 years ago

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$MONO holders will be able to vote on protocol tx fees, treasury revenue, and prospective new features. Our service provider is snapshot.org

Community voting will be based on a standard governance framework:

Each $MONO token will allow 1 vote for each proposal.
There is no minimum amount of $MONO required to participate in a vote.
The proposal will need to have equal to, or more than 51% of the votes cast in order to pass
Quorum for proposal voting will be set at 30% of circulating $MONO delegated to voting or else the proposal will not pass.
Each voting period will be 48 hours
Proposals that pass will be executed 48 hours after the vote

Last updated 4 years ago

Was this helpful?