Decentralized Governance Model
Key Components of Decentralized Governance Model:
Proposal Submission: Any community member can submit proposals for changes, improvements, or initiatives related to the Shadow Sequencer protocol. Proposals can range from technical upgrades to community events and ecosystem development initiatives.
Proposal Discussion: Once a proposal is submitted, it is open for discussion among community members. This discussion phase allows stakeholders to provide feedback, ask questions, and suggest modifications to the proposal before it moves to the voting stage.
Voting: After the discussion period, community members have the opportunity to vote on the proposal. Each member's voting power may be weighted based on factors such as token holdings, reputation, or participation level in the ecosystem.
Execution: If a proposal receives sufficient support through the voting process, it is executed according to the agreed-upon terms. Execution may involve implementing changes to the protocol, allocating resources for community initiatives, or taking other actions to advance the goals of the Shadow Sequencer ecosystem.
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