To ensure inclusivity and balance within its governance structure, GAYA incorporates a tiered approach to decision-making. These tiers define the level of influence and responsibilities for various participants in the ecosystem:
General Stakeholders: All GayaCoin holders have voting rights, allowing them to participate in general proposals and contribute to the platform’s evolution. This tier ensures inclusivity by giving every stakeholder a voice.
Delegated Voting Power: Users with larger stakes or those who delegate their voting rights can influence more significant decisions, such as protocol upgrades, treasury allocations, and strategic partnerships. This tier enables efficient decision-making while maintaining decentralization.
Core Contributors: Experienced and active community members form specialized committees to provide expert insights into complex governance matters. These contributors play a critical role in advising on technical and strategic initiatives, ensuring informed decision-making.
This multi-tiered system balances inclusivity and efficiency, empowering all participants while leveraging the expertise of dedicated contributors to guide the platform’s growth.
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