We aim to make BlockX as decentralized as it can get, therefore Community Proposals and voting structures are essential parts of our ecosystem.
Community Pool – a wallet where we hold funds meant for democratized ecosystem development and improvement. These funds are allocated by collectively made decisions by the BlockX community.
Community Proposal – an on-chain document that offers certain changes to the ecosystem or parts of it. Developers can submit new structures, whose fate would be decided by the entire community.
Here are some Community Proposal aspects to note:
1. 20% of tokens that come from block rewards will be sent consistently to the Community Pool
2. If a community proposal is successful, funds from the Community Pool will be allocated for it
3. If the proposed operation fails, the funds shall be returned to the Community PoolTo learn more about voting mechanics, follow the Community Pool FAQ section located in the Governance section of the BlockX documentation.
To learn more about voting mechanics, follow the Community Pool FAQ section located in the Governance section of the
BlockX documentation.