BitUSD Whitepaper
  • Introduction
    • Overview
    • Background
    • Goal
    • Links
  • Product
    • btcUSD
    • Collateralization
    • Minting and Redemption
    • Liquidation
    • Asset Utilization
    • Compatibility
  • Native Token
    • BT Token
    • Distribution Mechanism
    • Governance mechanism
  • Incentive Mechanism
    • Staking Rewards System
    • Liquidity Mining
    • Governance Rewards
    • Collateral Liquidation Profits
  • Roadmap
    • Roadmap
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  1. Incentive Mechanism

Governance Rewards

Our governance rewards system is designed to encourage BT token holders to participate in the decision-making process of the project. By proposing and voting on proposals, BT token holders can help shape the direction of the project and ensure that it remains aligned with the needs of the community.

To participate in the governance process, BT token holders can submit proposals or vote on existing proposals through our decentralized autonomous organization (DAO) platform. Proposals can range from changes to the collateralization ratio, adjustments to fees, and new features or functionalities.

In return for their participation in the governance process, BT token holders can earn additional rewards in the form of BT tokens. These rewards are distributed based on the level of participation in the governance process, with users who submit proposals or vote on existing proposals receiving higher rewards than those who simply hold BT tokens.

Our governance rewards system is designed to incentivize community involvement and ensure that the project remains aligned with the needs and wants of our users. By empowering our community to participate in the decision-making process, we can ensure that the project remains transparent, community-driven, and focused on delivering value to our users.

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Last updated 1 year ago