Different participants in the governance ecosystem play their unique roles, collectively maintaining the network’s healthy development.1)Proposers: Proposers are the initiators and drivers of governance innovation, transforming community needs and ideas into executable governance proposals. To ensure proposal quality and prevent spam proposal proliferation, we set reasonable entry thresholds:
Token holding requirement: Proposers must hold no less than 0.1% of the total VORN token supply. This threshold ensures alignment between proposers and network interests without being so high as to create proposal monopolies.
Lock period restriction: Tokens must be locked for at least 90 days, preventing short-term speculators from manipulating the governance process through temporary token purchases. This mechanism ensures proposers have long-term commitment to the network.
Proposal deposit mechanism: Submitting proposals requires depositing a certain amount. If proposals are deemed malicious or spam, deposits are confiscated and added to the community treasury.
Proposers undertake key responsibilities throughout the governance process:
Community communication bridge: Initiate and lead discussions in off-chain forums, actively respond to community member questions and suggestions, building proposal consensus.
Proposal optimization responsibility: Continuously improve proposal content based on off-chain feedback, integrate valuable suggestions, ensuring proposal completeness and feasibility.
Formal submission rights: Submit thoroughly discussed and optimized proposals to on-chain governance contracts, initiating formal voting procedures.
2)Voters: Voters are core participants in governance decisions, expressing support or opposition to proposals through voting.In the off-chain phase, voter participation has no economic thresholds:
Free expression rights: Any community member can express views and suggestions on proposals through forums, social media, and other channels.
Signal voting participation: By participating in off-chain signal voting, help proposers and the community assess potential proposal support.
Suggestion contribution: Provide specific optimization suggestions for proposal improvement,participating in the proposal co-creation process.
In the on-chain voting phase, voting rights are linked to economic contribution:
Basic voting rights: Holding any amount of VORN tokens grants voting rights, ensuring small token holders also have a voice.
Weight calculation mechanism: Voting weight relates not only to token holdings but also positively correlates with lock period. Long-term locked tokens receive higher voting weight (up to 3x), encouraging long-term value investment.
Delegated voting function: Support delegating voting rights to trusted professional governance participants or committees, allowing token holders unfamiliar with technical details to effectively participate in governance. Delegation can be revoked anytime, maintaining flexibility.
