GOVERNANCE WITH
NATIVE TOKENS
While the primary operations use various cryptocurrencies, Evolve Network also employs a native token for governance. This token allows token holders to participate in the decentralized autonomous organization (DAO) by voting on proposals, making decisions about network upgrades, and shaping the future of the platform.
DAO STRUCTURE
PARTICIPATION
The DAO has multiple channels of participatio (public) for the
Every voting token gives you one vote
Each staked token represents a voting share in the DAO
PROPOSALS
Any DAO member can propose changes, including network upgrades, fee structure, and policy adjustments.
Proposals require a minimum amount of backed tokens to be considered for voting.
VOTING
Proposals are voted on by DAO members, with voting power proportional to the amount of staked tokens.
Decisions are made based on majority voting, with quorum requirements to ensure sufficient participation.
GOVERNANCE ACTIVITIES
Network Upgrades
Propose and vote on technical upgrades and new functionalities for the network
Tokenomics Adjustments
Adjust token distribution mechanisms and economic parameters
Community Initiatives
Fund community projects, research, and development initiatives
SECURITY AND TRANSPARENCY
All governance activities are recorded on the blockchain ensuring transparency and immutability
Smart contracts automate the execution of approved proposals, ensuring reliable implementation
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EVOLVE NETWORK
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