Proposals and Voting: How Token Holders Shape Decisions

1. Proposal Threshold

   • Token Requirements: For instance, holding ≥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.