Governance
MPH holders have the power to shape the future of the protocol. A dedicated Snapshot is live to enable the community of users to signal their preferences on the project developments.
The governance process works by having users signal their preferences with their MPH tokens on various proposals ranging from protocol parameters to smart ways of using the capital assets stored in the treasury for creating new incentives, capitalization, and at the end growth. The 88mph community can vote on 8IP - 88mph Improvement Protocol - proposals using their staked MPH (coined $sqrtMPH) as their vote's weighting.
The 88mph Forum is a place for the community to engage in focused discussions regarding the 88mph ecosystem.
The Forum is divided into the following categories:
An area to submit your ideas here for improving 88mph in any way. Whether it’s a new asset, updating fee and interest rate structures, system parameters, or tinkering with tokenomics or governance, all proposals are welcomed here. https://forum.88mph.app/c/proposals/5
To view the proposals submitted to Snapshot vote, please click below:
For topics that do not belong to any other particular topics. https://forum.88mph.app/c/general-discussion/7
Discussion about this site, its organization, how it works, and how we can improve it. https://forum.88mph.app/c/site-feedback/2
Contribute your knowledge to the community. Share how-tos, tutorials, and other resources. https://forum.88mph.app/c/knowledge-base/6
Snapshot is an off-chain gasless multi-governance client with easy to verify and hard to contest results.
88mph users can participate in Snapshot governance here: https://snapshot.org/#/88mph.eth
Snapshot governance allows users that have MPH staked in either liquidity pools or the MPH staking pool to participate in deciding the future of the 88mph ecosystem. Based on a naive quadratic voting system:
VotingWeight=StakedMPH+MPHinLiquidityMiningVoting Weight=\sqrt{ {Staked MPH}+{MPHinLiquidityMining} }VotingWeight=StakedMPH+MPHinLiquidityMining
