Maturity-Adjusted Voting Weights
The governance framework incentivizes long-term commitment and rewards stakeholders for sustained engagement through a maturity-adjusted voting system. In this system, the voting weight of each token increases based on the duration of its engagement, known as maturity. At the end of each vote, the option with the highest total weight wins.
Key Features:
- Maturity-Adjusted Voting: Rizenet tokens increase in voting weight linearly each month for 36 months. At full maturity, a token's voting weight is three times its initial value.
- Equalizing Influence: A newcomer to governance must acquire three times the number of tokens to match the voting power of a fully matured token.
Benefits of Maturity-Adjusted Voting
Unlike traditional token locking, which forces you to commit to a defined period of time, reducing liquidity and market value, maturity-adjusted voting allows to quit governance at any time and recover your tokens after an unbonding period defined by governance. Moreover, the influence increase of long-term stakeholders should lead to an increase in value of the position. This system ensures long-term participants have a greater say in governance, creating a positive incentive for sustained engagement.
Additional Rewards for Long-Term Commitment
The maturity-adjusted system extends beyond voting by allowing to weight various rewards using bonds weight. This incentivizes long-term loyalty to the ecosystem.
- Staking Rewards (if enabled): Tokens held for longer periods may earn higher interest rates or additional rewards.
- Airdrops: More mature tokens may qualify for larger airdrop allocations.
- Community Rewards: Long-term token holders contributing to the ecosystem may receive greater recognition and rewards.
This framework fosters responsible governance by empowering long-term stakeholders, aligning incentives, and ensuring the Rizenet ecosystem grows sustainably with committed participation.