Oceanpoint Docs
WebsiteDappBlocksquare
  • Introduction
  • Oceanpoint features
  • Oceanpoint participant
  • Smart contracts
  • Oceanpoint pools
    • About pool mechanics
      • đŸŸĸGovernance pools
        • đŸŸĸMain pool (sBST)
        • đŸŸĸMarketplace pools
          • Detailed functionalities
      • đŸŸĸAsset pools
        • đŸŸĸAsset pool - Issuer
        • đŸŸĸAsset pool - Community
      • đŸŸĸLiquidity pools
      • âšĒStable pools
  • BST Economics
    • Supply, Issuance, & Rewards
    • â„šī¸Token overview
    • 🌈Exchanges
  • Real estate assets
    • Staking tokenized real estate
    • Unstaking tokenized real estate
    • đŸ˜ī¸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
Powered by GitBook
On this page
  • Who makes decisions about what happens with Oceanpoint?
  • Who governs the BST treasury?
  • Can I propose new products or strategies to be added to Oceanpoint?

Was this helpful?

  1. FAQ
  2. Frequently Asked Questions

Protocol governance

PreviousBlocksquare Token (BST)NextReal estate staking

Last updated 2 years ago

Was this helpful?

Who makes decisions about what happens with Oceanpoint?

Initially, the founding team will govern the project, but will do so in close collaboration with the community. This is a hard decision to make, but seeing how other tokens have had widespread difficulties with community governance on day one, the safest route seems to be keeping Oceanpoint under the team's wing immediately after launch and gradually implement smart contracts that enable us to turn governance completely over to the community.

See to learn more.

Who governs the BST treasury?

At launch, the co-founders from the Blocksquare team have jurisdiction over the rewards. As Oceanpoint transitions to community governance, the jurisdiction will move to a multisig wallet governed by members of the team, advisors and community representatives.

involves moving governance to a multisig wallet, e.g. , once the Governance Board is established.

Can I propose new products or strategies to be added to Oceanpoint?

New products and strategies can be proposed by any holder with 1% of the issued sBST supply. You can hold these sBST tokens yourself, have other sBST holders delegate tokens to table your proposal, or a combination of both.

On day 1, before any meaningful portion of the supply has been issued, proposals will be initiated by the Oceanpoint team. We are eager to transition to community governance, at which point BST community members will be able to create formal proposals for a new pools, products, or other changes to the ecosystem. The sky's the limit to how Oceanpoint can evolve, and we are excited to see how the community will be able to drive growth.

How do I vote? All sBST tokens are eligible to vote. Users can acquire sBST tokens by staking their BST in the Governance pool. All Oceanpoint Improvement Proposals (OIPs) that are backed by 1% of the total sBST supply will be voted upon by the the community of sBST holders. You can learn more about the voting process in the Voting and Participation section.

Decentralization plan and roadmap page
The decentralization plan
Gnosis Safe