💬Membership & Proposal Rights

Membership and Proposal Rights

• All EHQ token holders are automatically granted membership in the EhaQuest Parliament.

• Members are empowered to propose ideas for the metaverse's development, utilizing a streamlined proposal submission process that is open to all token holders.

Voting and Decision-Making

• Each EHQ token represents one vote, with voting conducted through blind ballots.

• Members can cast their votes on various proposals, determining the direction and policies within EhaQuest.

• Voting is integrated into the metaverse interface and an associated web portal for easy access.

Governance Structure

• The Parliament oversees major decisions, including product roadmaps, economic models, partnerships, yield distributions, and amendments to governance protocols.

• It employs direct democratic principles, ensuring that the community's voice is central in guiding the metaverse's future.

Transparency and Integrity

• All proposals, discussions, and voting outcomes are recorded on public ledgers, ensuring transparency and accountability.

• Independent audits of governance sessions are conducted to guarantee that the decentralized will of EHQ token holders is accurately represented.

Decentralized Governance Ethos

• EhaQuest Parliament reflects the ethos of decentralization, serving as the collective voice of users and stakeholders.

• It ensures that the digital universe of EhaQuest is guided by the collaborative efforts and consensus of its community.

Parliament Pool and Voting Rights

• EHQ token holders can stake their tokens in the EhaQuest Parliament Pool, ranging from 1 to 12 months, to obtain veEHQ and corresponding voting rights.

• Upon maturity, holders can unlock their veEHQ, receiving EHQ governance rewards and a portion of transaction fee revenue from the marketplace.

EhaQuest's governance model, anchored by the EhaQuest Parliament, is a testament to its commitment to a user-centric, democratic, and transparent metaverse. This framework not only fosters community engagement but also ensures that the metaverse evolves in line with the collective vision and aspirations of its inhabitants.