Governance (Coming Soon)
With great power comes great responsibility.
.png?alt=media&token=f839d55d-7dfe-47e0-bfed-779caf0ac1be)
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% |
Last modified 1mo ago