Governance

Introduction

The RisingSun Ecosystem is ultimately governed by its community, via community discussions and, when pertinent, voting on proposals held on the RisingSun Governance Platform.

The RisingSun Governance Platform is a decentralized voting system. It provides flexibility on how voting power is calculated for vote. It supports various voting types to cater all needs. Creating proposals and voting on it is user friendly and does not cost any gas as the process is performed off-chain. In short, the RisingSun Governance Platform is an off-chain gasless multi-governance client with easy to verify and hard to contest results.

Key Features

  • Creating a proposal and voting is free

  • Votes are signed message easily verifiable online

  • Flexible voting strategies, vote with ERC20s, NFTs, or any contract

  • Multiple voting system, single choice, approval voting, quadratic voting and more

  • Fully open source with MIT license

The RisingSun Ecosystem is governed and upgraded by RSUN token-holders and General NFT holders.

The current strategy adopted for the RisingSun Governance Platform is:

Each General NFT has a voting power equivalent to 450000 $RSUN.

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