#dusk $DUSK @Dusk
OpenDusk voting mechanics :-
OpenDusk’s first on-chain vote decides whether to create the initiative and redirect unminted block rewards into a community treasury.
Eligibility (checked at a pre-announced snapshot block):
-Must hold an active provisioner stake (securing the network).
-Must have performed a stake operation (stake/unstake/withdraw) in the prior 3 months.
This filters for committed, engaged stakers rather than dormant or short-term holders.
Voting power: Proportional to the size of the active stake.
Passage rules:
-Quorum: at least 30% of eligible stake must participate.
-Approval: simple majority (>50%) of the participating stake votes yes.
The vote runs on a purpose-built on-chain platform. If it passes, a 5-member elected committee will later recommend proposals, but major spending and key decisions still require the same stake-weighted community vote.
Design goal: align voting power with long-term network commitment instead of pure speculation $DUSK
OpenDusk voting mechanics :-
OpenDusk’s first on-chain vote decides whether to create the initiative and redirect unminted block rewards into a community treasury.
Eligibility (checked at a pre-announced snapshot block):
-Must hold an active provisioner stake (securing the network).
-Must have performed a stake operation (stake/unstake/withdraw) in the prior 3 months.
This filters for committed, engaged stakers rather than dormant or short-term holders.
Voting power: Proportional to the size of the active stake.
Passage rules:
-Quorum: at least 30% of eligible stake must participate.
-Approval: simple majority (>50%) of the participating stake votes yes.
The vote runs on a purpose-built on-chain platform. If it passes, a 5-member elected committee will later recommend proposals, but major spending and key decisions still require the same stake-weighted community vote.
Design goal: align voting power with long-term network commitment instead of pure speculation $DUSK