🗳️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
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.
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.
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.
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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