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Governance
Members of Xsauce ecosystem will be able to use $sCXT (Staked CXT) to vote on platform changes and features, most notably the composition of indices or specific cultural assets not listed on the platform.
There will be a proposal process that will have layers of consensus before escalation to a shareholder wide vote and subsequent implementation by the dev team.
We have a dynamic voting system that allows stakers to lock their $sCXT tokens for a period of 3 to 12 months to receive a governance and yield multiplier.
A governance multiplier rewards those who lock up more voting power complementary to how long they lock their tokens. Governance is all about skin in the game. Therefore, those who are willing to lock their tokens shall receive higher staking yields and more votes on their staked tokens.
Last modified 1mo ago