Preliminary Governance Model Document
Learn about the preliminary governance model for the Architect (ARCH) token ecosystem.
Governance Overview:
- The project employs a decentralized governance model where decisions on ecosystem upgrades and roadmap developments are made through community voting.
Voting Mechanism:
- Token-Weighted Voting: Each token represents one vote, ensuring that more engaged members have a greater influence.
- Minimum Participation Threshold: A minimum of 0.5% of the total token supply is required for voting eligibility.
Proposal Submission:
- Community members can submit governance proposals outlining the proposed changes or upgrades.
- Proposals must include a detailed description, rationale, and expected outcomes.
Roles and Responsibilities:
- Proposal Creators: Members who submit proposals for community consideration.
- Voters: Members who meet the minimum threshold and participate in voting.
- Moderators: Oversee the proposal process and ensure compliance with governance rules.
Implementation Process:
- Approved proposals will be implemented according to a predefined timeline, ensuring transparency and accountability.