Governance

In the future, community can achieve decentralized governance through the Banksea token KSE. Decentralized governance is mainly reflected in the decentralized proposals. Users can initiate governance proposals by staking KSE, and other KSE holders can vote (agree or reject) by staking KSE as well. The vote will last for one natural month, and the proposal will be implemented when the difference between the number of yes votes and no votes is greater than the specified threshold. The scope of the proposal is as follows:

• Add valuation for a new collection

• Adjust the staking income and staking threshold of KSE

• Adjust the rewards of feeding price

• Carrier access application

• other