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  • πŸ‘‹About PEPA
    • AMM+PMM DEX
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  • πŸ’‘Overview
    • ⚑Our Feature
    • πŸ—ΊοΈRoadmap
  • πŸ–±οΈPRODUCT DESIGN
    • πŸ’±PMM Guided Exchange
      • User Interface
      • PMM Algorithm
      • Math Behind PMM
    • πŸ’ΈOne-stop IDO Center
    • 🎟️Bond Market
    • β›½Fuel Ecosystem
  • πŸͺ™TOKENOMICS
    • πŸš—PEPA Token
    • 🏎️vPEPA Token
    • 🚌PEPA Loyalty Program
    • 🏒Governance
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  • Overview
  • Timelock
  1. TOKENOMICS

Governance

Important Usage of PEPA Token

Overview

The governance module in the PEPA protocol consists of three components. These three component enables the community to propose, vote, and implement changes to our protocol.

  1. Token - For voting, incentivizing users, applying discounted trading fees, and distributing dividends

  2. Governance Contracts - Control delegation, voting, governor proposal, and proposal processing

  3. Timelock - Keeping track of time

Timelock

Timelock contract keeps track of the progress of proposals and implements a β€œtime-delayed, opt-out” pattern for doing so. With a minimum delay set to one week, each proposal-related action will be published for at least one week before further actions. A common timeline for accepted proposals is "Published -> Voting -> Approval" in a three-week duration.

PreviousPEPA Loyalty Program

Last updated 2 years ago

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