Governance

Decentralized Governance

NeuraCoin employs a decentralized governance model, empowering token holders to influence the direction and development of the ecosystem. This ensures that decisions are made collectively, reflecting the interests of the community.

Proposal System

• Submission:

  • Any NeuraCoin holder can submit a governance proposal.

  • Proposals must include detailed descriptions, objectives, and implementation plans.

• Voting:

  • Token holders vote on proposals using their staked NeuraCoin.

  • Each NeuraCoin equates to one vote, ensuring proportional influence.

• Approval Threshold:

  • Standard Proposals: Require a 60% majority to pass.

  • Major Proposals: May require a higher threshold, such as 75%, depending on their impact.

• Implementation:

  • Approved proposals are executed automatically through smart contracts, ensuring transparency and trust.

Incentive Alignment

• Rewarding Participation:

  • Users who actively participate in governance by voting or submitting proposals receive NeuraCoin rewards.

• Long-Term Commitment:

  • Incentives are structured to encourage long-term holding and active engagement, aligning users' interests with the ecosystem's success.