Konomi’s Community Governance Rules
The responsibility of Konomi’s community governance will be shared between the Kono holders and the governance committee. The governance protocol will allow the community to initiate proposals (including DeFi parameter changes, Oracle machine verification methods, P2P new currency launch, etc.), vote, and execute resolutions.
Kono holders can start their own votes or delegate voting rights to other addresses. Any address holding 10,000 Kono will have the right to initiate a proposal (the Kono of that address will be locked during the execution of the voting process and 20 days after the execution). Each address can also initiate a self-governance proposal by destroying 1000 Konos, and when the Autonomous Proposal reaches 10,000 Konos, it will become an official proposal.