⚙️Decentralized Governance Framework

Drawing inspiration from the renowned Compound Governance Model, Shadow Bridge's governance structure and evolutionary path are democratically directed by SBG token holders. This governance is facilitated through three key components: the SBG token, a governance module (Governor Alpha), and Timelock. Together, these mechanisms enable the community to propose, debate, and implement changes within the Shadow Bridge ecosystem. Potential proposals can cover a wide range of modifications, including but not limited to:

  • Introducing support for new assets.

  • Refining existing token pools.

  • Adjusting the minting and burning dynamics of SBG.

The activation of the governance DAO is scheduled for Q3 2024. Upon activation, SBG holders will gain significant privileges, empowering them to:

  • Select the next blockchain platform for integration.

  • Launch new anonymity pools designed for specific assets.

  • Alter parameters of existing anonymity pools, such as SBG mining rates.

  • Develop new liquidity pools.

  • Modify parameters of current liquidity pools, including adjusting daily SBG mining rates.

  • Shape the broader token economics associated with SBG.

This framework ensures that Shadow Bridge remains at the forefront of decentralized finance by aligning with the community's interests and adapting to the evolving blockchain landscape.

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