Oceanpoint Docs
WebsiteDappBlocksquare
  • Introduction
  • Oceanpoint features
  • Oceanpoint participant
  • Smart contracts
  • Oceanpoint pools
    • About pool mechanics
      • 🟢Governance pools
        • 🟢Main pool (sBST)
        • 🟢Marketplace pools
          • Detailed functionalities
      • 🟢Asset pools
        • 🟢Asset pool - Issuer
        • 🟢Asset pool - Community
      • 🟢Liquidity pools
      • ⚪Stable pools
  • BST Economics
    • Supply, Issuance, & Rewards
    • ℹ️Token overview
    • 🌈Exchanges
  • Real estate assets
    • Staking tokenized real estate
    • Unstaking tokenized real estate
    • 🏘️Submit property
  • Community
    • Decentralization plan
    • The voting process
    • Governance principles
    • Governance board
    • 🌐Regional Hubs
      • Network structure
      • Selection process
      • Ambassador registration
      • Regional Hub registration
      • Quarterly competitions
      • Quarterly BST allocations
      • The scoring system
      • BST rewards distribution
      • Quarterly Activities Report
        • Submitting your quarterly report
      • Organizing events (Eventbrite)
      • Creating successful events
      • Code of conduct
  • For Developers
    • Getting Started
    • Governance
    • Marketplace Pools
    • Security
  • FAQ
    • Frequently Asked Questions
      • What is Oceanpoint?
      • Blocksquare Token (BST)
      • Protocol governance
      • Real estate staking
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  1. Community

Governance principles

The founding team will always provide the community answers to these basic questions for every material decision the team makes:

  • What decision has been made?

  • Why was that decision made?

  • Who is impacted by the decision?

  • When is the decision going into effect?

  • How can the community provide feedback and voice their opinion?

Founding Principles

As with other projects in the DeFi space, Oceanpoint's governance will emerge from community collaboration and participation. We begin the project with a few simple governance principles:

  • Any and all material changes to Oceanpoint and BST should be proposed in public, with code, with appropriate time for community feedback.

  • We believe that responsibility can remain in the founding team's hands for the initial phase only, until power can be transferred to the community. Our roadmap for progressive decentralization outlines our strategy for transitioning to fully autonomous and decentralized decision-making.

  • We believe a successful governance system should minimize the time and cost necessary for a person or entity to participate in governance. We will explore gas-efficient methods of voting like Layer 2 scaling solutions to reduce costs associated with voting.

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Last updated 3 years ago

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