The Jackpotter governance framework is designed to empower the community and ensure that the platform evolves in a way that benefits all stakeholders. The system is built on a stake-weighted voting model that rewards long-term commitment and active engagement in treasury and product decision-making.
Why this system is fair
Commitment required. Only stakers can vote. This blocks drive-by influence.
Meritocratic by design. Long-term believers get more voting power.
Skin in the game. Voters are locked in. They share the upside and downside.
Transparent and predictable. Voting power uses one rule: staked JPT × lock multiplier.
The Governance Process
The governance process is designed to be transparent and straightforward, with clear steps for submitting, discussing, and voting on proposals.
1
Proposal Submission
Any staker holding 10,000 or more JPT can submit a proposal. Each proposal must include a detailed description, rationale, and implementation plan.
2
Discussion Period
Once a proposal is submitted, it enters a 3-7 day discussion period, allowing the community to review, debate, and provide feedback.
3
Voting Period
After the discussion period, a 5-7 day voting period begins. A snapshot of staked JPT is taken at the start of the voting period to determine voting power.
4
Execution
If a proposal meets the required quorum and approval threshold, it is passed and enters a timelock period (48 hours to 21 days) before being automatically executed by the smart contract.
5
Implementation
On-chain changes are executed automatically, while off-chain changes are implemented by the team within 30 days, with regular progress updates provided to the community.