Fantom releases governance proposal for mainnet
The Fantom Foundation has released a proposal for governance on the Fantom ($FTM) mainnet with four key areas of focus. According to the team those four areas are:
- Decentralisation: The platform should ultimately be run by the public: community, developers, token holders, and anyone who is a stakeholder.
- Security: Checks-and-balances should be in place to ensure that changes to governance and the underlying platform are robust, secure, and with the consent of stakeholders.
- Participation: Stakeholders can participate by being a tokenholder, running a validator node, or being a member of the moderating or technical committees.
- Efficiency: Changes that are consented to should be implemented efficiently. Rejected proposals should come at a cost, to ensure that only proposals which are likely to be implemented are considered. Hence, each proposal to change the network will require an FTM deposit.
The full proposal is available here.
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