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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.
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