bashoswap
Search…
Governance
How Would BASH Token Be used in Governance
How do I take part in Bashoswap governance?
You can take part in Bashoswap Governance By simply holding $BASH. Voting power are derived from the $BASH holdings.
The reasoning behind this is that those holding more $BASH tokens are more invested in the project. Therefore, they have a more significant incentive to succeed and prosper.
$BASH token holders can see proposals and vote.
Voting
Voting requires holding of $BASH, which can simply be stored in nami wallet or staked in the governance pool. There is no need to remove the stake to vote. Voting power is based directly on the amount of $BASH each voter holds.
Creating a proposal
Proposals can't be created by anyone.
To be able to create a proposal you must have a BASHG NFT and also a certain minimum amount of Bash Tokens to be staked in the governance pool.
Each proposal created comprises a question posed to the community, along with the option of choices to vote for.
To create a proposal, Set a start and end date for your proposal and publish it.
Copy link