Governance Model

1. Decentralized Governance via 5DG:

   • 5D implements a decentralized governance model using its governance token, 5DG. Token holders are given the power to vote on key decisions that shape the future of the platform, including policy changes, new features, partnerships, and more.

   • Voting Power: Each 5DG token represents one vote, so users with more 5DG tokens hold greater influence in decision-making processes.

2. Voting System for Key Decisions:

   • Proposal Creation: Users can submit proposals for platform improvements, policy changes, or new features. Proposals must meet a certain threshold of community support to move forward to a vote.

   • Voting: All 5DG holders can participate in votes. Votes are conducted using smart contracts to ensure transparency and immutability.

   • Quorum Requirements: For a vote to pass, it must reach a quorum (a minimum percentage of total tokens staked in the governance pool). This prevents low-participation decisions from being passed.

3. Token Holder Influence and Reward System:

   • Stake-to-Vote: To prevent malicious voting, users must stake their 5DG tokens to vote. This incentivizes long-term commitment to the platform and rewards active participants.

   • Voting Rewards: In addition to influencing decisions, voters are rewarded with additional 5DG tokens for their participation, encouraging an active governance model.

   • Governance Dashboard: Users have access to a governance dashboard where they can track ongoing proposals, vote on issues, and view past decisions.