Governance

What is the Charged Particles Governance Token?

The official Charged Particles Governance Token is IONX. For the time being, Charged Particles is only available on Uniswap v2. Please make sure to use due diligence and confirm the official contract addresses before purchasing anything. Do not trust suspicious links sent to you in direct messages. Our team will never DM you first regarding anything to do with the token. Official ETH Contract Address: 0x02d3a27ac3f55d5d91fb0f52759842696a864217 Official Polygon Contract Address: 0x01b317bC5eD573FAa112eF64DD029F407CecB155 Coingecko: https://www.coingecko.com/en/coins/charged-particles

What is delegation?

Token holders can delegate their votes to other token holders if they do not want to participate actively in every single Charged Particles governance vote. Delegates can pitch their case for why they are a good delegate in the Delegation Pitch category of the Charged Particles Forum. Use Snapshot to delegate your votes.

How do the results of governance votes get implemented?

Charged Particles is on a path of progressive decentralization. In the first stage of Charged Particles governance, all governance votes will take place on Snapshot, and the Charged Particles multisig signers will execute the results of the votes on-chain. In the future, all Charged Particles voting will take place on-chain without requiring the Multisig signers to act as a middleman.

What is a 'Multisig' and how does it factor in to the Charged Particles governance process?

Multisig is short for "Multisignature" and refers to a wallet that cannot execute a transaction without approval from a certain percentage of Multisig signers. Multisigs are primarily used for managing treasuries amongst decentralized teams, providing oversight to decentralized projects, and introducing added security to wallet. Charged Particles uses Gnosis Safe to help with treasury management and executing the results of governance proposals on-chain. For example, if a community member were to apply for a grant to improve Charged Particles, and that grant required funding, the Multisig would be responsible for sending funding from the protocol's treasury to the grantee, as well as implementing any code changes that were part of the grant.

Who are the Multisig signers?

There are currently 3 multisig signers for Charged Particles and 2/3 multisig signers must confirm an action for the transaction to go through. More members may get added in the future based on the results of a governance vote. As the protocol decentralizes further, the Multisig will no longer be solely responsible for ensuring that the results of governance votes are executed on-chain.

What role do Moderators play on the Charged Particles Governance Forum?

The Charged Particles Governance Forum is a place for meaningful, thorough discussion about how to improve the Charged Particles protocol, community, and governance process itself. For less formal or other non-governance discussions, please check out our Discord.

What types of votes can token holders participate in?

All votes are open to token holders, but only Official Proposals are immediately binding. In addition to Official Proposals, token holders can vote on which art should be featured on the Marketplace page of app.charged.fi. The team behind app.charged.fi will aim to update featured art periodically based on the community's vote.

How are Results Executed?

All official proposals are binding and must contain executable code (if applicable). Official proposals are generally for things like changing fees levied by the Charged Particles protocol, where there is a clear set of protocol parameter(s) to change, but not all official proposals will contain executable code. For example, if a community member wanted to propose a Grants program in which community members could apply for funding for Charged Particles related work that will be funded by the Charged Particles treasury, they would not have to include any executable code as there are no smart contract methods to call in order to create a Grants program.

How can I get involved with Charged Particles governance?

There are a few major ways to contribute to Charged Particles Governance:
Last modified 3mo ago