Governance
Introduction
Governance is at the core of Monbux’s vision for community-driven decentralization. By empowering token holders to participate in decision-making, we ensure the protocol evolves in a transparent, fair, and sustainable manner.
Governance Model
Monbux introduces a governance framework where gMON holders can propose, vote, and shape the future of the protocol. This model guarantees that upgrades, policies, and ecosystem growth remain aligned with the interests of the community.
Key Features
Proposal System: Any gMON holder may submit proposals related to protocol upgrades, validator selection policies, fee adjustments, or roadmap initiatives.
Voting Rights: Each gMON represents voting power proportional to the amount held.
Transparency: All proposals and results will be publicly visible on-chain.
Execution: Approved proposals are executed via smart contracts to prevent manual intervention.
Types of Governance Decisions
Protocol Upgrades
Adding new features (e.g., swap, MEV optimizations).
Adjusting liquid staking mechanisms.
Validator Management
Selecting or excluding validators in the distributed validator set.
Setting validator performance requirements.
Economic Parameters
Adjusting staking rewards and fees.
Managing treasury funds for ecosystem growth.
Community Initiatives
Funding grants and community-driven projects.
Supporting integrations with third-party dApps.
Future Enhancements
DAO Structure: Migration towards a fully decentralized autonomous organization (DAO).
Quadratic Voting: To prevent whales from dominating decision-making.
Snapshot Governance: Off-chain proposal discussions with on-chain execution for efficiency.
⚡ With Monbux Governance, the community gains the power to shape the protocol’s future, ensuring decentralization is not just technical but also democratic.
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