Governance
Quantum Credit (QTR) incorporates a decentralized governance system that empowers token holders to actively participate in critical decisions affecting the development and operation of the platform and its associated games. This governance model fosters transparency and collaboration among all ecosystem participants.
Token Holder Participation
Holders of QTR tokens have the right to vote on a variety of proposals that shape the future of the ecosystem, including:
Protocol changes.
Software updates.
Resource allocation.
Strategic decisions.
Each QTR token represents one vote, and decisions are made based on the majority of votes cast within a defined voting period.
Proposals and Voting
Any member of the Quantum Credit community can submit a proposal via the governance platform if they meet specific predefined criteria, such as holding a minimum number of tokens or obtaining preliminary support from a portion of the community.
Once a proposal is accepted for voting, all token holders can participate in the decision-making process. Voting periods are kept open for a defined duration to allow broad participation.
Execution Mechanism
Proposals that gain sufficient support, not only in terms of a simple majority but also by meeting specific quorum requirements, are deemed approved and move into the implementation phase. Implementation is carried out by the technical team of SasoriLabs, sometimes in collaboration with community members or third-party contractors hired specifically for the task.
Roles and Responsibilities
Beyond token holders, other key actors in the governance system include:
The Governance Council: A body responsible for moderating proposals, overseeing execution, and managing emergencies.
Specialized Committees: Groups with specific powers to address particular areas within the ecosystem, such as resource management or security oversight.
Transparency and Accountability
All decisions, along with their respective votes and results, are recorded and published on the Quantum Credit blockchain. This provides an immutable and transparent record that all participants can review. This ensures a high level of accountability, allowing community members to verify the effectiveness and adherence to the decisions made.
A Governance Model Built for the Future
This governance system ensures that Quantum Credit is not solely driven by its developers but evolves in a way that reflects the desires and needs of its community. By adapting to market changes and embracing technological innovations, the platform can grow effectively and democratically, fostering long-term sustainability and community trust.
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