FEPC Governance Structure
Zusätzliche Informationen
1.FEP Foundation
We will establish a foundation at block height 25,000. The foundation can be compared to a treasury, which is responsible for managing the financial funds of the entire public chain in a designated account and overseeing the income and expenditure of these funds. By reserving funds as reserves for the foundation, the foundation’s funds can be used through expenditure proposals. If the proposed funds are approved by the foundation’s board of directors, the requested funds will be transferred to the requested account after 7,500 block heights.
2.Establishment of the Foundation
The purpose of establishing the foundation is to support the development and growth of the community, as well as to provide support for new projects joining the ecosystem. We will provide liquidity for trading at the initial launch of DeFi, and we will also provide airdrops to the community, users, and projects that contribute to the FEPC network. The establishment of the foundation provides opportunities for both groups and individuals to participate in the project. When the community needs activities or projects need funding for testing and liquidity, they can initiate a vote on the chain, and the addresses that pass the vote will receive token support from the foundation.
The foundation’s proposal may include, but is not limited to, the following:
Infrastructure deployment and continuous operation.
Network security operations (monitoring services, continuous auditing).
Ecosystem regulations (cooperation with friendly chains).
Marketing activities (advertising, paid features, partnerships).
Community activities and outreach (meetups, pizza parties, hackathons).
Software development (wallet and wallet integration, client and client upgrades).
3.Foundation Governance Structure
The governance of the foundation is based on an open, transparent, and democratized model. The foundation has five initial board members, known as the elder addresses, who are responsible for the initial screening of proposals. Proposals that pass by a majority will open up on-chain voting, and users holding FEPC can stake their tokens to vote on proposals. Each proposal will last for 7,500 block heights.