Governance Rights
As a governance token, $CRE8 empowers the community to influence the platform’s direction:
CRE8 Finance may establish a DAO (Decentralized Autonomous Organization) where $CRE8 holders can propose and vote on changes. Initially, the core team might retain most control, but the roadmap may include handing over certain controls to token holders (see Roadmap for possible timelines).
Governance Proposals: Examples of things token holders could vote on include:
Adjusting the platform fee or the discount rate.
Deciding on new features or which markets to expand into next.
How to allocate the treasury funds or community reward pools.
Election of community moderators or arbitrators for disputes.
Changes to staking parameters or tokenomics if needed.
Typically, proposals might require a quorum (minimum % of tokens voting) and perhaps a supermajority for major changes. $CRE8 holders could delegate their votes to representatives if they don’t want to actively vote on every proposal.
This governance aspect ensures that active participants in the ecosystem have a say and that the platform can evolve in a decentralized manner over time.
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