Governance

At Sastanaqqam, we believe in the power of the community and the importance of decentralized decision-making. To ensure transparency and inclusivity, We have implemented a robust governance system that empowers users to actively participate in shaping the future of Our ecosystem. Sastanaqqam Governance is designed to give stakeholders a voice and vote in key decisions related to platforms upgrades, policies and community initiatives through our native token, the Blue Token (BLOO).

Governance Token (BLOO)

The Blue Token (BLOO) is a utility token for transactions within the ecosystem and serves as a governance mechanism. BLOO holders have the right to propose, discuss and vote on various matters that impact Sastanaqqam's Ecosystem development and direction.

Proposal Submission and Discussion

Any BLOO holder can submit proposals for consideration by the community. Proposals can range from platform enhancements, feature requests, policy changes, partnership suggestions, or any other topic deemed relevant to the ecosystem. These proposals are shared on Sastanaqqam Governance platform for community discussion and feedback.

Voting Process

Once a proposal is submitted and discussed, the community can vote on its approval or rejection. Each BLOO holder is given voting rights proportional to their token holdings, ensuring a fair and democratic decision-making process.

Governance Updates and Roadmap

Regular updates on the governance process and the status of proposals are provided to the community. A transparent roadmap outlines the upcoming governance initiatives and milestones, giving stakeholders visibility into the platform's future development.

Community Rewards and Incentives

Active participation in the governance process is incentivized through rewards. BLOO holders who actively participate in proposal submission, discussion and voting can earn additional BLOO tokens and other benefits for contributing to the community.