NATIX Network Whitepaper
  • Executive Summary
  • Introduction
  • Problem
  • The Solution: NATIX Network
  • Market Entry Products
    • The Smartphone Strategy
    • NATIX Drive&
    • NATIX-enabled Smart Cameras
    • NATIX Map Interface
  • NATIX Economy
    • NATIX Economy Summary
    • NATIX Token Distribution
    • Rewards for NATIX Network Participants
    • NATIX Economy Break Down
      • On-Chain $NATIX Token
      • In-App NATIX
      • Staking and network participation
      • Governance
      • xNodes
      • Data Monetization and Value Accrual
      • iLand
  • NATIX Network Ecosystem
    • Privacy-compliant Metadata Mining
    • System Overview
    • Real-time Geospatial Data
    • Data Validation
    • Network Infrastructure Setup
  • NATIX Technology
    • NATIX Vision SDK (Privacy-Preserving)
    • Vision Deploy Middleware
  • About NATIX
  • LEGAL DISCLAIMER
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  1. NATIX Economy
  2. NATIX Economy Break Down

Governance

Only users with staked $NATIX Tokens will have governance power to ensure that only long-term token holders aligned with NATIX will be able to vote. To build an engaged community, the longer users have staked/locked the tokens, the more voting power such users would achieve. Users would receive staked $NATIX rewards for participating/engaging with governance. NATIX Network Governance will be rolled out in three phases:

  • Phase 1: Limited Governance – Proposals can be posted by the core contributors to the vote of the token holders on key issues such as protocol fees and major parameter changes

  • Phase 2: Increased Governance – Proposals can be posted by token stakers with a minimum amount of tokens for the vote of the token holders. These proposals can change protocol fees and other major parameters.

  • Phase 3: Full Decentralization – Proposals can be posted by token holders with a substantial amount of tokens and change any aspect of the protocol.

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Last updated 12 months ago