Community Governance
In the Winner Block ecosystem, token holders assume a central role in shaping the community's trajectory. The monthly voting procedure allows holders to influence critical aspects:
Liquidity Fees: Token holders define the fee rate on WBlock outgoing transactions on swap platforms to fortify the liquidity pool. The fee rate can range from a minimum of 0.1% to a maximum of 5%.
Burn Fees: A portion of these tokens is permanently burned, thus reducing overall supply over time. The burn rate can be between 0.1% and 3%.
Swap Limits: The community determines the maximum limit for token swaps, providing a measure of protection against market manipulation. The limit can range from 0.01% to 10% of the total token supply in circulation.
Global Transfer Limits: Token holders establish a maximum limit for global token transfers, either through swaps or wallet-to-wallet transactions. This limit can range from 0.01% to 10% of the total token supply in circulation.
Smart Game Contract Whitelisting: The community elects to add or remove specific smart game contracts from the whitelist, thus maintaining a level of quality control over the ecosystem's offerings games.
Consensus Seats: Token holders have the ability to vote for the addition or removal of consensus seats indefinitely. The only exception is the founder's seat, which is perpetual and cannot be removed.
Voting Power Cap: To prevent over-centralization of decision-making power, a cap on voting power is implemented. This cap can be adjusted through community voting, ensuring democratic control over time.
Proposal Cost: To submit a proposal for changes to specific voting parameters, token holders must hold a certain amount of WBlock tokens. The exact amount required is decided through a community vote and serves to ensure the seriousness of the proposal while also protecting against spam submissions. This cost is an investment into the ecosystem's robustness and democratic decision-making process. The tokens are then burned. The required amount can range from a minimum of 0.01% to a maximum of 1% of the total token supply in circulation.
Community tax: Token holders of WBlock can exercise their power to determine the portion of each game's earnings that will be disbursed throughout the Winner Block ecosystem via the gaming smart contracts. This can range from a minimum of 0.5% to a maximum of 5% of the game's earnings.
Developer tax: Within our community, it's the token holders who have the authority to decide the portion of game winnings that developers can earn from their games. This can range to a maximum of 5% of the game's winnings.
Emergency Consensus Reset: Token holders can vote with at least 80% support to completely remove all seats from the consensus if they feel that the current members are not acting in the best interests of the ecosystem. This is a spontaneous vote that is applied as soon as at least 40% of the total supply has been stacked to vote.
In recognition of their engagement, voters receive a share of the tokens collected from smart game contracts, distributed in proportion to the number of tokens they stack during the vote period.
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