Governance Operation Process

Technology

Code Suggestion

• Code proposals can also be proposed by governance members or by protocol workers. When the proposed code is deemed positive for governance, governance members may delegate their PLX to the proposed code. Code proposals with a commission of more than a sutain amount of PLX are put on the governance agenda and are subject to voting procedures according to the governance process.

Voting on Agenda

• When a governance agenda is created, voting power is recorded and a two-day agenda review period is given for voting to begin. After the review, voting lasts 3 days. If the majority PLX power and a minimum of sutain amount of PLX vote on the agenda, the agenda passes according to the governance process.

Protocol Update

• Passed agendas are cast, queued in Timelock, and can be implemented in 2 days. Overall, it takes at least a week to change the protocol.

Governance Rule and Economy

Autonomous Proposal

• Any Governance Member who has a sutain amount PLX can create a governance proposal autonomously. members who are positive about the proposal can delegate their PLX to the proposal. Autonomous proposals entrusted with a sutain amount PLX will be put on the governance agenda and will be voted on according to the governance process.

Voting on Agenda

• When a governance agenda is created, voting power is recorded and a two-day agenda review period is given for voting to begin. After the review, voting lasts 3 days. If the majority PLX power and a minimum of a sutain amount PLX vote on the agenda, the agenda passes according to the governance process.

Protocol Update

• Passed agendas will be reflected in the governance and go into development.