Dear Giant community! We wish you a Merry Christmas and want to shed light upon the current state of Giant.
If you dont get whats been going on in our chat last week this message is for you.
To be ranked among the leaders of the MN space, we need a self-governance mechanism. This will give us:
1. Decentralized decision-making by the active majority.
2. An instrument for potential partners who want to promote the project in exchange for financing.
3. The decrease of workloads for the marketing department which could focus on strategic goals.
The required mechanism is already present in the code. We only have to activate it and set the Superblock budget. See more on this mechanism in this article:
https://giantpay.network/pages/governance-mechanism-of-giantWeve got a funny situation here: to choose the Superblock budget, we need a voting mechanism we cannot activate without choosing the Superblock budget. But weve found a solution!
As an alternative, we hold this vote in 2 stage. The 1st stage will be held on Discord. Four options will be picked as a result. The 2nd vote stage will be held with the use of Giant wallet clients and masternode signatures and we will soon instruct you on how to participate.
What we need from you at this moment is to:
1. Get familiar with the posted variants for the vote available on #block-reward-vote
2. DM me the reward structure you consider fair in case you dont agree with anything else
3. Express your own opinion in the chat
We are going to set a deadline not earlier than a week before the application receival ends. After this, the masternode owners vote will be held on Discord. We know that its a long and convoluted scheme but, in the future, after the Giant proposals mechanism is established, similar votes will be held automatically in accordance with the pre-set open rules. Follow our updates!