This article is machine translated
Show original

Analysis of the XPIN Network's Decision-Making Structure The XPIN Network will implement an on-chain voting system in 2026, creating community-driven governance. $XPIN Holders directly decide on protocol upgrades, financial allocations, and partnership approvals, and the entire process, from proposal to implementation, is transparently recorded on the blockchain. ๐ŸŸขThree-Stage Proposal Review Process The first stage involves sharing ideas on the community forum and Discord and receiving initial feedback. The second stage involves drafting a formal proposal and submitting it for on-chain voting. The proposal will specify the purpose, budget, implementation plan, and responsible party. The third stage is a smart contract-based vote, automatically executed if the quorum and majority requirements are met. The 10% of the Foundation's tokens will be used for governance and R&D. ๐ŸŸขVoting Rights Allocation and Execution Mechanism $XPIN Voting rights are distributed proportionally to holdings, but the delegated voting model allows even small holders to delegate their voting rights to trusted representatives. All voting results are immutably stored on the blockchain, ensuring transparency and verifiability. Approved proposals are immediately executed by smart contracts. Funds for financial proposals are allocated from the DAO Treasury, and long-term commitment is secured with a 4-year vesting of team tokens. ๐ŸŸข #storyteller point 3-stage proposal review Community forum discussion On-chain voting execution Delegated voting model Automated smart contracts Transparent blockchain records #XPIN ๐Ÿ”—XPIN Official Links Website / Twitter (X) / Community

Telegram
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments