How It Works

Governance Overview

MemeTrade's governance system is currently under development and is based on the OpenZeppelin Governor framework. While the governance feature is not live yet, it will enable token holders, liquidity providers, and active users to participate in decision-making processes once launched.

The platform will evolve based on community needs and market conditions through ongoing governance.

Governance Architecture

┌─────────────────────────────────────────────────────────┐
│               Governance Process                        │
├─────────────────────────────────────────────────────────┤
│  Proposal Submission    │  Community Discussion         │
│  - OpenZeppelin Governor│  - Discord & Forum            │
│  - Smart Contract Calls │  - Proposal Voting            │
└─────────────────────────────────────────────────────────┘

Governance Token: $MEME

The $MEME token will serve as the governance token, allowing holders to propose and vote on platform changes.

Governance Scope

The governance system will cover various aspects of the platform, including:

• Platform upgrades

• Fee adjustments

• New feature proposals

• Community initiatives

Governance Process

• Ideas shared on governance forum

• Community discussion and feedback

• Token delegation required (even to yourself) before voting

• Proposal submission via OpenZeppelin Governor

• Voting with delegated power and execution of approved proposals

Mobile Wallet Integration

MemeTrade's governance is optimized for mobile-first users:

• Mobile App: Connect via QR code to governance portal

• WebAuthn Wallets: Secure, passwordless wallet technology

• QR Signing: Sign delegation and voting transactions through mobile app

• Web Interface: Full governance features available at governance.memetrade.com

Governance Roles

• Proposers: Token holders who submit proposals

• Voters: Community members who vote on proposals

• Executors: Implementers of approved proposals

Emergency Governance

In case of emergencies, the governance system will allow for rapid decision-making to protect the platform and its users.

Governance Rewards

To incentivize participation, governance rewards will be distributed to active participants.

Governance Analytics

Governance analytics will provide insights into proposal outcomes, voter participation, and overall governance efficiency.

Governance Resources

• Governance Portal: memetrade.com/governance

• Discord: #governance and #delegates channels

• Forum: Coming soon

Ready to participate in governance? Check out our Voting Guide to learn how to cast your first vote, or explore Active Proposals to see what's currently being decided by the community.