CLV Documentations
CLV DOC
CLV DOC
  • Intro to CLV
    • About CLV 🍀
    • Clover Finance Rebrands to CLV
    • What is CLV Chain?
    • What is CLV Wallet?
    • What is $CLV Token?
    • 📣 CLV Official Channels
    • 🏘 CLV Community Channels
  • Use CLV Chain
    • 📚 Beginner’s Guide
      • Setup CLV Wallet
      • Setup Metamask Wallet
      • How to Get $CLV
      • Bridge Other Assets to CLV P-Chain (Parachain)
    • 🌐 Network Details
    • 🏦 Economics
      • Tokenomics
      • Inflation Design
    • 🗳️Governance
    • 🙋🏻 CLV Chain FAQ
    • CLV P-Chain EVM Explorer
    • $CLV Cross-Chain Explorer
    • $CLV Cross-Chain Transfer
  • CLV Validator & Staking
    • What are Nominator & Validator?
    • Stake as a Nominator
    • Running a Validator or RPC Node
    • Staking FAQ
  • Use CLV Wallet
    • 💰 Download CLV Wallet
      • Browser Extension (Google Chrome & Brave)
      • Apple iOS (Mobile)
      • Android (Mobile)
      • Web Wallet (Universal)
    • 📱 CLV Mobile Wallet
    • 🖥 CLV Extension Wallet
    • 🕸️ CLV Web Wallet
  • CLV Chain Developer Guide
    • Getting Started
    • Using Local Node
      • Using MetaMask
      • Using Remix
      • Using Web3.js
    • Using Testnet
      • Create an account
      • Faucet
      • Run a Testnet Node
      • Connect to Testnet
    • dApp Example
      • Setup dApp project
      • Setup truffle
      • The Counter Contract
      • Deploy Contract
      • Counter Webapp
    • Test Cases
    • Technical Documentations
      • CLV EVM
      • Developers Incentive
      • CLV Accounts Binding
      • Virtual Ethereum Address Binding
      • Query Balance
      • Transaction Finality
      • Web3 Compatibility
        • eth_protocolVersion
        • eth_syncing
        • eth_hashrate
        • eth_coinbase
        • eth_mining
        • eth_chainId
        • eth_gasPrice
        • eth_accounts
        • eth_blockNumber
        • eth_getBalance
        • eth_getStorageAt
        • eth_getBlock
        • eth_getTransactionCount
        • eth_getBlockTransactionCount
        • eth_getBlockUncleCount
        • eth_getCode
        • eth_sendTransaction
        • eth_sendSignedTransaction
        • eth_call
        • eth_estimateGas
        • eth_getTransaction
        • eth_getTransactionByBlockHashAndIndex
        • eth_getTransactionByBlockNumberAndIndex
        • eth_getTransactionReceipt
        • eth_getUncle
        • eth_getLogs
        • eth_getWork
        • eth_submitWork
        • eth_submitHashrate
        • eth_subscribe
        • eth_unsubscribe
        • net_version
        • net_peerCount
        • net_listening
        • web3_clientVersion
        • web3_sha3
      • CLV P-Chain Integration
  • CLV Wallet Developer Guide
    • EVM dApp Integration
    • Substrate dApp Integration
    • Solana dApp Integration
    • Kadena dApp Integration
    • Aptos dApp Integration
    • Web Wallet dApp Integration
    • dApp Interaction Protocol
    • Wallet Integration QA
  • CLV Ecosystem
    • 🏞️ Ecosystem Partners
      • CLV Chain
      • CLV Wallet
    • 🌱 Incentive Programs
      • CLV Ecosystem Grant
      • CLV Wallet Integration Grant
      • CLV Bug Bounty Program
    • Whitelist Assets on Clover P-Chain
    • Bridge assets into CLV P-Chain
  • Assets
    • 🔤 Glossary
      • Blockchain (in General)
      • Polkadot
      • Wallet
    • 🎟️ CLV - Polkadot Parachain Auction 2021
      • Parachain Auction Rule Announcement
      • Parachain Winning Reward Announcement
    • 🛍️ Brand Pack
    • 📄 Whitepaper
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  1. Use CLV Chain

Governance

At CLV, we believe in empowering our community through a decentralized governance system. This governance framework ensures that $CLV token holders can actively participate in shaping the platform’s future, driving its growth, and enhancing its utility.

Governance Overview

The governance mechanism provides a structured and transparent process for $CLV token holders to propose, discuss, and vote on changes that impact the ecosystem. From protocol upgrades to community-driven initiatives, every stakeholder has a voice in decision-making. The Snapshot platform will serve as the foundation for all proposals and voting activities, ensuring accessibility and transparency.

Participation in Governance

  • Eligibility: All $CLV token holders can participate in governance by creating proposals or voting on active proposals.

  • Snapshot Platform: The Snapshot platform allows governance activities to be conducted off-chain while maintaining full transparency and trust.

Governance Process

  1. Proposal Creation:

  • Any $CLV holder can draft a proposal outlining the intended change, its rationale, and expected benefits or impacts.

  • Proposals should follow a clear template to ensure consistency and completeness.

  1. Community Discussion:

  • Before a proposal is put to vote, it undergoes a discussion phase on the Snapshot platform or official forums.

  • This phase allows community members to provide feedback, suggest improvements, and build consensus around the proposal.

  1. Voting Phase:

  • Once the discussion phase is complete, the proposal enters the voting phase on Snapshot.

  • Voting power is proportional to the number of $CLV tokens held, ensuring alignment between token ownership and decision-making influence.

  1. Implementation:

  • Proposals that meet the required quorum and approval thresholds will be executed by the development team in collaboration with the community.

  • Updates on implementation progress will be shared transparently with the community.

Proposal Categories

Governance proposals can cover a wide range of topics, including but not limited to:

  • Protocol Upgrades: Enhancements to the platform’s performance, security, or functionality.

  • Parameter Adjustments: Changes to staking rewards, transaction fees, or other system parameters.

  • Asset Listings: Proposals to list new tokens or assets on the CLV platform.

  • Community Initiatives: Programs that foster user engagement, education, or ecosystem growth.

  • Treasury Utilization: Decisions regarding the allocation or use of funds in the community treasury.

Voting Mechanism

  • Quorum Requirements: A minimum percentage of total $CLV tokens must participate in the vote for it to be valid. This ensures proposals reflect the will of the broader community.

  • Approval Threshold: A specific percentage of 'Yes' votes is required for a proposal to pass. These thresholds will be clearly defined for each proposal type.

Continuous Evolution

Governance at CLV is designed to evolve alongside the ecosystem. Regular reviews and community feedback will help refine the process, ensuring it remains fair, efficient, and aligned with the community’s goals.

With this governance mechanism, CLV aims to foster a truly decentralized and collaborative environment where every token holder can contribute to the platform’s growth and success. Together, we’re building a future that reflects the shared vision of our community.

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Last updated 5 months ago

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