Platform Governance Model
Elysyn AI envisions a progressive decentralization of its governance, empowering the ELYN token holders to play a significant role in shaping the future of the platform. The governance model is designed to be transparent, inclusive and community-driven.
ELYN Token as Governance Instrument: As outlined in the "Token Utility and Design" section, the ELYN token will be the primary instrument for participating in platform governance.
Proposal and Voting System: ELYN token holders will be able to:
Submit Proposals: Propose changes or new initiatives for the Elysyn AI platform. This could include suggestions for new features (like enhancements to the upcoming AI Sniping tool), modifications to existing platform parameters, allocation of community treasury funds or strategic partnerships.
Vote on Proposals: Participate in voting on proposals submitted by other community members or the core development team. Voting power may be proportional to the amount of ELYN tokens held or staked.
Decentralized Autonomous Organization (DAO) - Long-Term Vision: The long-term vision for Elysyn AI includes the potential establishment of a Decentralized Autonomous Organization (DAO). The DAO would manage the platform’s treasury, oversee protocol upgrades and make key strategic decisions through a formal, on-chain governance process on the Ethereum network.
Community Treasury: A portion of platform revenue or token supply may be allocated to a community-governed treasury. ELYN token holders, through the governance process would decide on the use of these funds for ecosystem development, grants, bug bounties, marketing initiatives and other activities that benefit the Elysyn AI platform and its users.
Phased Decentralization: The transition to a fully decentralized governance model will be phased to ensure stability and effective decision-making during the platform’s growth. Initially, the core team will guide development and governance, gradually ceding more control to the community as the platform matures and the governance framework is robustly established.
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