As an important step in the governance of MoonSwap, we are proud to announce the establishment of MoonSwap community committee today. We have selected five applicants to form the committee, they are:
@priamusinc
These 5 members will be given the moderator access and the committee will continue to be open for new applications. Please apply via the following channel if you are interested:
Wechat：MoonSwap
Discord：Harvie#8827
MoonSwap governance is officially launched as well and we welcome all constructive suggestions from our community. To submit your proposal, please go to MoonSwap Forum - MoonSwap DAO Eco-Governance - Proposal. A proposal contains the following parts:
1. Why do you initiate this proposal?
2. What is the content of this proposal?
3. What problem do you aim to solve?
4. Do you need any budget? What is the budget like and how do you plan to use the budget?
MoonSwap’s community committee will conduct the initial assessment on the proposals and send the passed proposals to Stamper for community voting.
To ensure the fairness of the community governance results of MoonSwap, we will upgrade our voting calculation in MoonSwap governance. The votes one holds is counted in MOONPOWAH with the detailed method as following:
cMOON in a Conflux address (V1) : 1cMOON = 1
Withdrawable cMOON in MoonCake ( V2) : 1cMOON = 1.5
cMOON in cMOON-cETH ( V3) : 1cMOON = 2
The relation between MOONPOWAH one holds and V1, V2, and V3 can be demonstrated as:
MOONPOWAH * MOONPOWAH = （V1 + V2 + V3）
The square of MOONPOWAH equals the sum of V1, V2, and V3.
When the number of votes for the proposal reaches 700 MOONPOWAH, the voting result is considered valid.