πŸ“—
Edge Matrix Documentation
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  • 🌐EMC Network
    • Overview
    • Future Roadmap and Development
    • Frequently Asked Questions (FAQ)
    • Tokenomics
      • Token Allocation
      • Token Utility
      • Revenue Model
  • 🌐Products
    • EMC Mainnet
      • Network Information
      • Consensus Mechanism : PoAW (Proof of AI Work)
      • Block Parameters
      • Transaction Performance
      • JSON RPC
      • Bridge
        • Bridge Contracts
        • Bridge Mechanism
        • Supported Cross-Chain Asset Pair
      • DEX
    • EMC Hub
      • EMC Protocol
      • Network Operation and Topology
  • EMC DAO
    • DAO Architecture: Principles and Processes
    • Proposals and Voting: How Token Holders Shape Decisions
    • Community Treasury: Resource Allocation and Incentive Structures
  • Run an EMC Node
    • GPU Mining Guide
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  1. EMC DAO

Proposals and Voting: How Token Holders Shape Decisions

  1. Proposal Threshold

    • Token Requirements: For instance, holding β‰₯10,000 EMC or a specific fraction of total supply ensures proposals are substantive.

    • Contribution Requirements (Optional): Hardware contributors or AI developers with proven track records may earn the right to propose, reflecting the influence of technical expertise.

  2. Voting Models

    • 1 EMC = 1 Vote: A straightforward approach that aligns voting power with token holdings.

    • Stake-Weighted Voting: Users who lock or stake EMC longer may receive higher voting power, incentivizing long-term governance engagement.

    • Delegated Voting: Small token holders can delegate their votes to professional nodes or community leaders to improve efficiency and expertise in decision-making.

  3. Voting Outcomes & Time-Locks

    • Simple Majority: Regular proposals usually require more than 50% approval to pass.

    • Supermajority: Major protocol changes might demand 60–70% support.

    • Delayed Execution: Significant proposals can incorporate a 48–72 hour time-lock, granting the community time to react and mitigate potential risks.

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Last updated 2 months ago