The RushB Hub DAO Governance Process aims to provide a transparent, decentralized, and community-driven approach to decision-making. This process will empower token holders and stakeholders to participate in the growth and development of the platform.
Token-Based Voting
RushB Hub will issue a native governance token, which will enable holders to participate in the decision-making process. Token holders will be able to submit proposals, discuss ideas, and vote on various initiatives that impact the platform’s direction.
Proposal Submission
Any RUSHB token holder can submit a proposal for consideration by the community. Proposals should be detailed, clear, and include the potential benefits and risks associated with the proposal. A minimum amount of RUSHB tokens will be required to submit a proposal, ensuring that only serious and dedicated community members can influence the platform’s direction.
Proposal Discussion
Upon submission, proposals will be open for discussion by the community. This allows token holders to express their opinions, provide feedback, and engage in constructive debates about the proposal. Discussions will take place on the RushB Hub forum or another designated platform to ensure transparency and accessibility.
Voting
After a pre-determined discussion period, RUSHB token holders will be able to cast their votes on the proposal. The voting power of each token holder will be proportional to the number of RUSHB tokens they hold. A minimum quorum (e.g., 20% of the total RUSHB token supply) will be required for a proposal to pass.
Proposal Implementation
If a proposal meets the minimum quorum and receives majority support, the RushB Hub team will implement the proposed changes or initiatives. The team may require a certain period for implementation, depending on the complexity and scope of the proposal.
Transparency and Accountability
The DAO governance process will be transparent, with all proposals, discussions, and voting results available for public review. This ensures that the community can hold the RushB Hub team accountable for the platform’s development and direction.
