๐ธRoles and Processes in Governance
Our governance model is built on participation, transparency, and efficient decision-making. Hereโs how the process works:
- Proposal Submission: Community members can propose changes to the system, such as adjusting parameters, shifting technological directions, or introducing new features.
- Community Discussion and Voting: Proposals are discussed within the community. Voting is conducted via veUAC tokens, where each memberโs voting power depends on the number of veUAC tokens held and their locking duration.
- Proposal Execution: Once a proposal is approved, a time delay ensures that decisions are carefully considered before execution, allowing for transparency and evaluation.
- Emergency Protocols: In urgent situations, such as addressing security vulnerabilities, the community can use a multisig wallet to implement changes swiftly, bypassing the standard governance process to ensure quick resolution.
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