GENESYS BLOCKCHAIN
  • ⛓️GENESYS BLOCKCHAIN (GCHAIN)
    • ⛓️GCHAIN
    • ✅What is GCHAIN?
    • ✅Proof of Authority
    • ✅Validators
    • ✅(GSYS)
    • ✅How to add Gchain to your wallet
    • 📚Glossary
    • ⚠️Terms & Conditions
  • 🐘GENESYS WALLET (GWALLET)
    • 🐘How to create your Gwallet
  • GENESYS VIEWAPP
    • 📊GVA General Aspects
      • 📈Why GVA?
        • 📊GenesysView App
        • 📈GVA products & Services
        • 📈GVA Features
        • 📈GVA Launchpad
          • Connect Wallet
          • Change Network
          • Let's Connect
          • Coin Crafter
            • Mint Coin
            • My Token Collection
          • Genesys Platform
            • Launch Pre-sale
            • Pre-sale Directory
          • Reward Lock
            • Set up Pool
            • Pool Ledger
          • Prize Draw
            • Launch Simple Lottery
            • Lottery Roster
          • Secure Vault
            • Establish Secure Lock
            • Token Secure Storage
            • Liquidity Vaults
          • Utility Kit
            • Multisender
            • Wrapped Converter
            • D-vote
            • Soon!
            • Market Maker
          • Collaboration Hub
        • 👨‍💻GVA P2P exchange
        • 🔐GVA Privacy & Security
  • BLUELOTUSDAO
    • Introduction
      • Best returns/yield for Liquidity Providers (LPs)
      • Best Rates for Traders
    • BlueLotusDAO Products
      • 🔁Exchange
        • Token Swap
        • Time to Trade
        • LPs (Liquidity Pools)
        • How to Add/Remove Liquidity V2
        • How to Add/Remove Liquidity V3
      • 🚜Farming
        • How to Use Farms
      • 🪙Pools
        • How to Stake in Pools
      • BlueLotusDAO Protocol
        • How BlueLotusDAO works
        • Programmable Pricing Curve
        • Dynamic Fee
        • BlueLotusDAO Ecosystem
        • Adding Liquidity in BlueLotusDAO
        • Protocol Fee
        • BLDT TOKENOMICS
          • BLDT Description
          • Deflationary Mechanisms
  • BLUELOTUSDAO GOVERNANCE
    • Introduction
    • Native Token
    • Governance
      • 📝Summary
      • 📚Categories
      • 🤝Voting
        • Voting Authority
      • ⚙️Governance Process
        • Governance Stages
          • Temperature Check
          • Consensus Check
          • Governance Proposal
      • 🔗Security
      • 🌎Blue Lotus Foundation
  • BLUE20-BRIDGE
    • Blue20-Bridge Intro
    • Blue20-Bridge
    • How to use Blue20-Bridge
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  1. BLUELOTUSDAO GOVERNANCE
  2. Governance

Governance Process

Proposals are presented to the community, discussed and subjected to a Governance Survey (Snapshot) and Vote (Portal) as required.

PreviousVoting AuthorityNextGovernance Stages

Last updated 1 year ago

Throughout the course of communication between BlueLotusDAO members, respect is encouraged, the exchange of impartial information and the information itself must be related exclusively to the system itself.

Any out-of-scope information will be subject to review by governance moderators, who have the right to veto an address if they deem it necessary.

Let's maintain and encourage to cultivate a healthy community and harvest quality knowledge.

Governance Process

In the interest of transparency, accountability, and consensus, we would like to structure a cohesive flow that assists with the transmission of governance proposals, temperature and consensus checks, and high traction proposals.

Here is a quick outline of how the governance process works:

  1. The first step in the proposal process is to present the proposal to the community through the governance forum. You must create a forum post to allow the community to discuss the details of a proposal.

  2. Get in touch with the Genesys Network Discord admins to discuss your proposal on a community call and also on Twitter Space (optional). Upon completion of this discussion, the proposal will be activated.

  3. The proposal will be in the spotlight on the to determine if there is enough power to change the status quo, so that if a proposal does not successfully pass this process, it is immediately suspended without being able to reactivate said proposal.

  4. To vote, BLDT owners must "lock" the tokens by transferring them into the voting contract. Votes are weighted based on the amount of BLDT locked in the contract. The "locked" BLDT can be withdrawn at any time.

  5. After the debate time, if the proposal successfully passes the , the proceeds. Its purpose is to establish a respectful, formal and knowledge-enriched discussion around a potential target.

  6. After the analysis time, if the proposal successfully passes the , it proceeds to the Governance Proposal. This will be the final stage of the governance process. The new survey must only be based on the winning option of the and consists of a single action.

  7. For security reasons, if the proposal is successfully approved, before executing the code it will go through an extra step called "security module" or "Timelock", this 2 day long stage is used to verify the new code for its subsequent implementation.

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Temperature Check
Temperature Check
Consensus Check
Consensus Check
Consensus Check
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