πŸ›οΈGovernance

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 Γ— 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.

βš–οΈVoting Power & Lock Multiplierschevron-right🧾Proposal Types & Safeguardschevron-right

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