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

Security

TimeLock: All governance actions are delayed a minimum of two days by the time lock contract before they can be executed.

The Security Module mitigates the effects of disruptive proposals on the ecosystem by instituting a delay before executing the winning vote result.

The module wraps new code before deployment to the system and is held for final consideration for 48 hours, during which time all interested parties can review the code to ensure system integrity.

The public is encouraged to self audit the code. Check that the contract code is visible, if there is a default structure, check that it is implemented, make sure that what was voted is what is actually in the code, check oracle addresses (if used), changes in rates, check the runtime. Verify the entire contract and if there are errors encourage the negative vote of the same.

In the future, BLDT holders may want to develop special user interfaces or other voting interfaces.

PreviousGovernance ProposalNextBlue Lotus Foundation

Last updated 1 year ago

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