Bitroot
  • Bitroot Beginner’s Guide
    • What is Blockchain?
    • Why Use Blockchain?
    • Why Choose Bitroot?
  • About Bitroot
  • Core Products and Solutions
    • Bitroot Protocol Layer
    • BitrootNetwork Parallel Public Chain
    • Bitroot CeDeFi
  • Parallel Architecture and Technical Principles
  • Developer documentation
    • EVM(general)
    • EVM with Hardhat
    • EVM with Foundry
  • Reference
    • Bitroot's EVM RPC
    • Transactions
    • Viewing Tokens in MetaMask
  • Divergence from Ethereum
  • Product Manual and User Guide
    • Bitroot test network information
    • Bitroot Testnet Test Coin Claim
    • Add Bitroot network information
    • Swap
    • Adding Liquidity and Remove Liquidity
  • Token economic model and governance
    • Token issuance and distribution
    • Community Governance and Decision-making Mechanism
  • Participation in ecological co-construction
    • User participation
    • Developer Participation
  • Community, Ecology and Partners
  • Roadmap and future planning
  • Wallets
  • Block Explorers
  • FAQ
  • Brand Kit
  • Bitroot Official Link
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  1. Token economic model and governance

Community Governance and Decision-making Mechanism

Bitroot adopts the governance model of a decentralized autonomous organization (DAO) to ensure that community members can participate in decision-making in a fair and just manner.

Bitroot DAO adopts a combination of on-chain voting and offline coordination to ensure transparent, efficient and executable governance.

(1) Proposal Mechanism Any BRT token holder can initiate a proposal, including but not limited to:

Technology upgrade (such as optimizing the parallel public chain architecture)

Fund use (such as ecological fund allocation)

Protocol parameter adjustment (such as gas fee structure adjustment)

Community development (such as incentive plans, marketing promotion, etc.)

Proposal process

Proposal submission: Community members submit proposals in the governance forum or Snapshot (on-chain governance platform), explaining the background, goals, implementation methods, etc.

Formal voting: After meeting basic conditions (such as BRT staked amount), the proposal enters the on-chain voting.

Result execution: Approved proposals are executed by the foundation or development team, and key decisions are automatically executed by smart contracts.

(2) Voting mechanism

Bitroot adopts voting governance based on BRT tokens, that is, users holding BRT obtain voting rights according to their holdings.

Ordinary proposals: simple majority approval (>50%)

Key proposals (such as protocol upgrades, funding allocations): majority approval (>60%) Emergency proposals (such as security vulnerability repairs): core contributors + foundations make quick decisions, and then submit them to DAO for confirmation.

Voting method:

On-chain voting (Snapshot): No gas fee is required, and off-chain discussion and on-chain execution are supported.

Staking voting: Long-term staking of BRT can obtain greater voting rights, encouraging long-term governance participation.

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Last updated 1 month ago