Governance Rights

The TON Launchpad token empowers the community by serving as a governance token, giving holders a voice in shaping the platform's future. By holding and staking tokens, investors can participate in key decisions, contributing to a decentralized and community-driven development process.

How it works:

🔵 Voting on Proposals Token holders actively participate in governance by voting on proposals that affect the platform’s direction. These proposals can include the selection of featured projects, implementation of platform upgrades, and adjustments to tokenomics.

🔵 Quadratic Voting Power Voting power is determined using a quadratic system, ensuring that influence grows proportionally to token holdings but at a diminishing rate. This system prevents domination by large token holders while still giving active participants a fair voice in governance. Quadratic Voting balances inclusivity and fairness, promoting more democratic decision-making within the platform.

🔵 Proposal Submission Eligible stakers, determined by specific criteria such as the duration and amount of tokens staked, may submit proposals for community review. These proposals can address platform improvements, feature additions, or new strategic partnerships.

🔵 Transparent and Accountable Governance All governance actions, including proposal submissions, voting processes, and outcomes, are recorded on the blockchain. This ensures a fully transparent system, with regular updates shared through official channels to keep the community informed and engaged.

Mitigatin Governance Risks

To ensure the integrity of governance and mitigate potential risks, the following measures are in place:

• Sybil Attack Prevention: The platform validates token ownership and implements verification measures to stop duplicate identities from influencing voting outcomes.

• Majority Attack Mitigation: Governance proposals with significant changes require a higher approval threshold, ensuring that no single entity can dominate decisions.

• Anti-Collusion Mechanisms: Random audits and community oversight discourage collusion among large token holders.