III. Actors & Main Responsibilities (Who?)

A. Identification of the actors involved in decentralized blockchain governance

  • Validators

    • Validators play an oversized role in the governance process and are primarily responsible for the security of the network and for voting on proposals.

    • All Validators should be incentivized to required weigh-in and participate, engaging in a culture of good communication and governance.

    • Incetivizations may include quarterly foundation delegations for Validators who have maintained a threshold of votes cast.

  • The Proposal Author(s)

    • Having identified needed changes or actions, they take the initiative to socialize idea, create and submit proposals for community consideration and feedback.

    • Author(s) of proposals should actively watch each platform where their proposal is posted to cross-pollinate, synthesize, and summarize ideas

    • A summary of community feedback and the final decision should be provided periodically in the forums by the author(s).

    • Proposals should include all necessary information need for voters to make informed decisions and include links to initial Discussions in commonwealth or other platforms

    • Grants requested from the Community Spend Pool should be well-defined, with clear deliverables, timelines, and accountability measures.

    • If Community Spend proposal which includes funds distributed to a Multisig account, all instructions for multisig holder execution must be specified in the proposal

    • Multisig holders should not have to make decisions on their own unless that authority is specified as part of proposal

  • The Community as a Whole (Body of Stakeholders)

    • Community members should be encouraged to vote and participate in all discussions.

    • The community should decide what the appropriate value in fiat terms should be the cost for on-chain proposals to ensure that all proposals are carefully thought out and due diligence has been given.

    • The community as a whole participates in the governance process by discussing proposals, offering feedback, and voting on decisions.

    • Bring bad actors to the attention of Community Moderators

  • Stakers/Token Holders

    • Stakers/Token Holders delegate their stake to validators who garner their trust and who best represent their interest

    • Should be active in governance processes, hold their validators accountable, and are aware that they can override their validator's vote proportional to their own stake

    • Blockchain and dApp Developers

    • Build and maintain the decentralized applications that run on the blockchain.

    • Should pay special attention to upgrades and parameter changes

    • Should participate in testing new releases on testnets and in local dev environment

  • Community Moderators

    • Help to maintain a constructive and respectful environment for proposal discussions and community feedback.

    • Take action on abusive actors by flagging inappropriate behavior, warning privately, and/or banning immediately if terms of server are clearly violated

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