Governance

Swapsats: Empowering Users Through Decentralized Governance Swapsats is committed to building a community-driven platform where token holders have a say in the future of the project.We're implementing a simple and effective decentralized governance system using xxx to empower Swapsats TOKEN holders.

Shaping the Future Together: Proposal Creation: Depending on platform selected either the Token holders or the Admins/Authors will be able to create proposals.

Voting Power: All Swapsats token holders can participate in governance voting. Your voting power is directly tied to the number of tokens you hold.

Insider Token Lockup: Team, investor, and advisor tokens will be locked for a period of 1 year. Afterward, 1/20th will be unlocked bi-weekly till the net insider tokens are depleted. Insiders (Team) won’t be participating in voting

Voting Period and Quorum: Proposals will have a designated voting period to allow for thoughtful participation. We plan to implement a 8% quorum threshold in the future, requiring a minimum participation level for votes to be valid.

Implementation and Approval: Proposals requiring a majority vote (e.g., >50%) will be implemented by our team according to the proposed timeline.

Your Voice Matters: By actively participating in governance, Swapsats token holders have a direct impact on the platform's development and direction. This system ensures Swapsats remains decentralized, community-driven, and responsive to user needs.

Important Note: The Swapsats Foundation reserves the right to reject proposals that are non-compliant with legal regulations or pose security risks