🏛️ Governance
The first phase of the Governance will be a mix between a centralized solution and blockchain voting. There will be a centralized app, where users can sign with their wallet and cast a vote. The votes will be saved in the database of the application. This can be compared to Snapshot for Ethereum projects.
We will slowly convert this to fully decentralized application with on-chain voting. The reason behind releasing a semi-decentralized solution first, is because we want to capture community engagement as soon as possible. The application will be open to other Solana projects, that are able to create their own environment on there. The governance will be in charge of the Solanium Treasury. The vote-weight of a user is based on the amount of xSLIM tokens the user has at the time of casting the vote.
Last modified 2yr ago