📖
Moxy Tokenomics
  • Introduction
  • The Moxy Ecosystem
    • Moxy eSports
    • Moxyan
  • Token Mechanism
    • Overview
      • $MOXY token
      • $WMOXY token
    • Proof-of-Play mechanism
      • PLAY
      • SCORE
    • Governance Mechanism
      • Moxy Governance Reward (MGR)
      • Governance proposal voting
  • Token distribution
    • Token Supply
    • Allocation
      • Ecosystem
      • Moxy Foundation
      • Treasury
  • Moxy Whitepaper
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  • Proposing
  • Voting
  1. Token Mechanism
  2. Governance Mechanism

Governance proposal voting

PreviousMoxy Governance Reward (MGR)NextToken Supply

Last updated 1 year ago

Proposing

must hold 100,000 MGR to initiate a new governance proposal and push it to the voting stage.

Voting

Every registered user will have 1 vote by default as a minimum. If the Moxyan holds MGR, every MGR will represent 1 extra vote.

Passing a governance proposal requires 66% of the votes on “yes”. All voting will take place inside of the Moxy Club.

This will encourage active Moxy Club members to utilize their $MOXY tokens to be locked in MGR in order to participate in important governance decisions that will impact the Moxy Ecosystem, and be rewarded for their participation in these decisions.

* Please note: This is a feature that is not yet built which requires thoughtful discussion and proper implementation

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