Decentralized Governance (DAO)
Useless Brick is governed by a Decentralized Autonomous Organization (DAO), ensuring that the project's evolution is driven by its community of Miners. The DAO framework promotes transparency, inclusivity, and collective decision-making, aligning with the decentralized ethos of the project.
Governance Structure
Council of Miners: The primary governing body within the DAO, composed of elected representatives from the Miner community.
Proposals: Any Miner can submit proposals for changes, improvements, or new features within the ecosystem.
Voting Mechanism:
Eligibility: Only registered Miners hold voting rights.
Voting Power: Determined by the number of tokens staked or other predefined criteria.
Quorum: A minimum percentage of total voting power required for a proposal to be considered valid.
Decision-Making Process
Proposal Submission: Miners draft and submit proposals detailing the suggested changes or initiatives.
Discussion Phase: The community engages in discussions to refine proposals, address concerns, and build consensus.
Voting Phase: Miners cast their votes on the proposals within a specified timeframe.
Implementation: Approved proposals are executed by the development team or other party, depending on the nature of the change.
Roles and Responsibilities
Proposers: Miners who draft and submit proposals for consideration.
Voters: All eligible Miners who participate in the voting process to influence project decisions.
Delegates: Representatives elected by the community to advocate for specific interests and facilitate governance processes.
Governance Principles
Transparency: All proposals, discussions, and voting outcomes are publicly accessible to ensure accountability.
Inclusivity: Every Miner has the opportunity to contribute to governance, fostering a diverse and engaged community.
Flexibility: The governance framework is adaptable, allowing the DAO to evolve in response to the project's needs and community feedback.
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