Governance, Proposals and Delegation

Governance via DPB: Voting, Proposals, and Delegation

The governance of PegBreaker will be conducted through the DPB token, which will grant voting rights and enable proposal submissions, ensuring decentralized decision-making and active community participation. Here's how the governance process will work.

Voting Requirements

• Majority Requirement: For any proposal to be accepted and implemented, a minimum of 30% of DPB holders must participate in the vote. This ensures that the decisions are made by a significant portion of the community, promoting a healthy and engaged ecosystem.

• Minimum Votes for Proposal: In order to submit a proposal for governance, a minimum of 1% of

  the total DPB token supply is required. This helps ensure that only serious and meaningful

  proposals are presented for the community's consideration.

Proposal and Voting Process

• Proposal Submission: Any DPB holder can submit proposals, but it requires a minimum of 1% of DPB tokens to support the proposal before it becomes available for voting. Once a proposal is submitted, it will go through a 7-day waiting period before voting begins. This waiting period helps avoid market manipulation or rushed decisions.

• Voting Rights: Once the proposal is live, DPB token holders can vote. The weight of their vote

  will be proportional to the number of DPB tokens they hold.

• Voting Outcome: The proposal will be accepted if it receives a majority vote, and the decision will

  be implemented once voting concludes.

Delegation of Voting Power

• Delegation System: After the system has been running for some time and the DAO is fully operational, voting power can be delegated. This allows users to delegate their votes to trusted representatives who will vote on their behalf, ensuring that those who cannot actively participate in voting still have a say in the decision-making process.

• Delegation Management: The delegation process will be fully transparent, and token holders can

  review and change their delegated votes as needed.

These mechanisms ensure that PegBreaker's governance system remains decentralized, fair, and community-driven, while minimizing risks of market manipulation. The required participation thresholds, proposal submission requirements, and delegation system all work together to build a robust and sustainable DAO.