Governance
Token Utility
Governance
How $REV token holders participate in protocol governance and decision-making.
Governance Overview
The Reverix governance system enables token holders to participate in key protocol decisions. Through a transparent proposal and voting system, the community can influence protocol parameters, treasury allocations, and strategic initiatives.
Voting Power
One staked token equals one vote, ensuring proportional representation in governance decisions.
Proposal System
Submit and vote on proposals through our decentralized governance portal.
Timeframes
Clear voting periods and implementation timelines for all governance decisions.
Proposal Process
The governance process follows a structured timeline to ensure fair participation and thorough consideration of all proposals:
Discussion Phase (7 days): Community members can discuss and refine proposals before formal submission.
Voting Period (5 days): Active voting window where token holders cast their votes.
Time Lock (2 days): Successful proposals enter a time lock before implementation.
Implementation: Approved changes are executed through smart contracts.
Quorum Requirements
To ensure meaningful participation and prevent governance attacks, the following quorum requirements apply:
Minimum 10% of total staked tokens must participate for a vote to be valid
Simple majority (less than 50%) required for standard proposals
Supermajority (less than 66%) required for critical protocol changes
Emergency proposals require 75% approval with 25% quorum
Proposal Types
Different types of proposals have varying requirements and approval thresholds:
Protocol Parameters (e.g., staking rates, fee structures)
Treasury Allocations and Spending
Strategic Partnerships and Integrations
Emergency Actions and Security Measures
Product Development Priorities
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