6. Governance Proposals: GLUTEU Burn
6. Governance Proposals: GLUTEU Burn
6.1 Creating Proposals
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.
6.2 Real-Time Tally & End
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.
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