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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.

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