🏛️ 10.Governance Mechanism

🌐 DAO (Decentralized Autonomous Organization) Model

ChainGuard’s governance is powered by CGC token holders, forming an open, transparent, and decentralized decision-making network.

🗳️ Each CGC token represents one vote.
📜 All proposals, votes, and outcomes are recorded on-chain and publicly verifiable.
🤝 Active community participation is encouraged to ensure governance fairness and majority representation.

🛠️ Proposal Process

CGC holders can propose initiatives such as new features, parameter changes, or fund allocations.
Proposals must meet a minimum token holding or joint sponsorship threshold to proceed to voting.

🗳️ Voting Process

All CGC holders can vote on valid proposals.
Approved proposals are automatically executed via smart contracts (e.g., upgrades, fund distributions).

⏳ Voting Period

Each proposal has a fixed voting period (e.g., 7 days) after which results are settled automatically.

👑 Core Development Team

Responsible for infrastructure maintenance and development but must obtain community approval for major changes.

🧑‍⚖️ Community Governance Committee (Elected)

🛡️ Security Node Operators

Monitor on-chain activities and audits; nodes must stake CGC as a reputation guarantee.

🎉 Rewards for Participation

Community members who propose, vote, or amend proposals are rewarded with CGC tokens.
Top contributors can be promoted to the Governance Committee with enhanced governance privileges.

Last updated 3 months ago