Governance
The 2% Marketplace Trading Fee is reserved to the team to sustain its operation, no less than 5% of the Trading Fee will be given back to the CycGo ecosystem. The other tax collected by CycGo will be funneled into a Treasury pool, which will be up to the GCT staker to decide:
Voting Option | Profit Distribution | Consequence |
---|---|---|
Generous Giver | 70% Carbon Offsetting, 30% dividend | Reward voters’ GCT |
Kind Giver | 55% Carbon Offsetting, 45% dividend | Reward voters’ GCT |
Matcher | 40% Carbon Offsetting, 60% dividend | NA |
Greedy Taker | 25% Carbon Offsetting, 75% dividend | Burn voters’ GCT |
Selfish Taker | 10% Carbon Offsetting, 90% dividend | Burn voters’ GCT |
By locking the staked GCT, users will get higher voting power:
Locking Period | Weight |
---|---|
1 month | 1 |
3 months | 4 |
6 months | 8 |
1 year | 16 |
2 years | 32 |
3 years | 64 |
Last modified 1yr ago