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