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Governance

Investor Democracy with $BASIN

Frameworks

Internal Voting

To ensure decentralization on any matter that is not subject to a public vote, this process will create an internal voting method to ensure that no individual can wield influence over the ecosystem even as a perceived leader. These votes will be rare but would consist of things like:
  • Partnerships, and integrations that are required to be confidential before launch.
  • Urgent security matters (such as pulling assets out from staking)
  • Removal of a Team members for failure to perform their duties or uphold the values of the DAO.

$BASIN Governance

$BASIN holders will be able to vote directly on specific proposals to ensure the best direction for the Basin protocol to follow for investors.
  • Snapshot.org will primarily be utilized for token governance.