Governance

BomberSwap will implement a BOMB in the coming days.

The BomberSwap governance model enables BOMB token holders to participate in policies and protocol decisions on the platform. The amount of BOMB tokens that a user holds is proportional to their voting power on the platform.
The voting power of a user gives them the right to participate in policy making, proposals, and to have a say in any future direction of the platform.
The DAO (Decentralized Autonomous Organization) has Smart Contracts that form the backend of the platform.
The DAO maintains the transaction records and rules that must be implemented on the blockchain for BomberSwap protocols.
Tokens allocated for the DAO are more for financing the platform since the Smart Contracts do not vote & are released when new policies and improvement proposals from the community have been passed. These will be used to fund projects for the platform.

Last updated 3 years ago

BomberSwap will implement a BOMB in the coming days.

The BomberSwap governance model enables BOMB token holders to participate in policies and protocol decisions on the platform. The amount of BOMB tokens that a user holds is proportional to their voting power on the platform.
The voting power of a user gives them the right to participate in policy making, proposals, and to have a say in any future direction of the platform.
The DAO (Decentralized Autonomous Organization) has Smart Contracts that form the backend of the platform.
The DAO maintains the transaction records and rules that must be implemented on the blockchain for BomberSwap protocols.
Tokens allocated for the DAO are more for financing the platform since the Smart Contracts do not vote & are released when new policies and improvement proposals from the community have been passed. These will be used to fund projects for the platform.

Last updated 3 years ago