Governance Model for ARB20 Token Holders

Community of Token Holders: The governance model is centered around the community of ARB20 token holders, where each holder is not just an investor but also a participant in the governance process. Proposal Submission:

Token holders have the right to submit proposals for changes, improvements, or new features within the ARB20 ecosystem. Proposals can cover various topics, including technical updates, economic adjustments, and community initiatives.

Voting Process:

Once a proposal is submitted, it undergoes a community voting process. Voting rights are typically proportional to the number of tokens owned by each holder, ensuring that those with a larger stake in the ecosystem have a corresponding influence on decisions.

Decision Threshold:

To pass a proposal, it usually needs to meet a specific voting threshold. This threshold can be a simple majority or more complex criteria based on the nature of the proposal.

Implementation of Decisions:

Approved proposals are then forwarded for implementation. The execution of these decisions is often handled by the core development team in alignment with the community's vote.

Transparency and Accountability:

The entire governance process is transparent and accountable. Voting results and the execution of decisions are publicly provided for all token holders to review.

Feedback and Continuous Improvement:

After implementation, feedback is collected from the community. This feedback loop allows for continuous improvement and adjustments to the governance model.

This governance model reflects a decentralized approach, ensuring that the ARB20 ecosystem evolves in line with the preferences and best interests of the community. It empowers token holders to directly influence the direction of the ecosystem, promoting ownership awareness and responsibility.