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Governance (Coming Soon)

With great power comes great responsibility.

There are five types of parameters that can be influenced by governance voting.
1. Proposal Parameters: Eight parameters influence the proposal and voting process. At default values, a proposal will take 11 days to pass if it reaches quorum. 

2. Staker Parameters: Four parameters influence the min/max svLAUNCH required for participation in sales, and the % rebates user receives from each sale. 

3. Revenue Share Parameters: Three parameters influence the proportion of revenue (after rebates are paid out to SL users) that are split between Referrals, Deals Team and Treasury. 

4. Referrals Parameter: One parameter influences the % of fee paid to upline (which is a function of 'Referrals' parameter in 'Revenue Share Parameters'

5. Sales Parameters: Four parameters influence the fees users pay for sales, and the % SL's fund (future plans) can purchase up-front in the event of sales. 
Table reflecting the parameters and their default values 
Type
Parameters
Default Values
Proposal
Time to Live
48 hours
Proposal
Minimum svLAUNCH to create proposals
50k svLAUNCH
Proposal
Maximum proposals in queue
10
Proposal
Voting duration
6 days
Proposal
LAUNCH collateral to submit proposals
1000 LAUNCH
Proposal
Time lock
48 hours
Proposal
Creator execution duration
24 hours
Proposal
Quorum %
30%
Staker
Minimum svLAUNCH for sales headstart and fee rebates
1000 svLAUNCH
Staker
Capped svLAUNCH for sales headstart and fee rebates
100000 svLAUNCH
Staker
Minimum fee rebates %
0.6%
Staker
Capped fee rebates %
30%
Revenue Share
Referrals %
40%
Revenue Share
Treasury %
20%
Revenue Share
Deals team %
40%
Referrals
Upline split %
80%
Sales
Max user fee %
5%
Sales
Current user fee %
0%
Sales
Management fee
1 USD
Sales
SuperLauncher Fund max purchase of hardcap %
20%
​

Type	Parameters	Default Values
Proposal	Time to Live	48 hours
Proposal	Minimum svLAUNCH to create proposals	50k svLAUNCH
Proposal	Maximum proposals in queue	10
Proposal	Voting duration	6 days
Proposal	LAUNCH collateral to submit proposals	1000 LAUNCH
Proposal	Time lock	48 hours
Proposal	Creator execution duration	24 hours
Proposal	Quorum %	30%
Staker	Minimum svLAUNCH for sales headstart and fee rebates	1000 svLAUNCH
Staker	Capped svLAUNCH for sales headstart and fee rebates	100000 svLAUNCH
Staker	Minimum fee rebates %	0.6%
Staker	Capped fee rebates %	30%
Revenue Share	Referrals %	40%
Revenue Share	Treasury %	20%
Revenue Share	Deals team %	40%
Referrals	Upline split %	80%
Sales	Max user fee %	5%
Sales	Current user fee %	0%
Sales	Management fee	1 USD
Sales	SuperLauncher Fund max purchase of hardcap %	20%

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Last modified 6d ago