To propose a change or new initiative, the initiator must burn a set amount of GLUTEU (e.g., 1,000 tokens), preventing spam and ensuring only serious proposals move forward. This mechanism:
Deflationary: Gradually reduces GLUTEU’s overall supply.
Quality Control: Genuine proposals are more likely as each idea costs GLUTEU to introduce.
Real-Time Voting: As seats vote, totalVotes changes live.
End Proposal: Once the voting period closes, final totalVotes is locked, and the distribution snapshot occurs in the Senate Coffers.
Last updated 1 year ago