The GAYA governance model ensures fair and decentralized decision-making by leveraging a staking-based system.
Minimum Stake for Voting: Users must stake 10,000 GayaCoins to participate in governance, ensuring only invested participants influence decisions.
Proposal Submission Threshold: Proposals require at least 50,000 GayaCoins staked to be eligible for community voting.
Voting Formula: GAYA uses Quadratic Voting to balance influence: Voting Power = (Tokens Staked)1/2 This prevents large holders from disproportionately affecting decisions. Example:
User A stakes 10,000 GayaCoins: Voting Power = 10,000 ½ = 100
User B stakes 40,000 GayaCoins: Voting Power = 40,000½ = 200
This governance structure ensures meaningful participation while avoiding dominance by any single entity.
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