Governance at ThermaDAO
ThermaDAO is governed by a decentralized and transparent system, ensuring that all stakeholders have a voice in the decision-making process. Through the HeatGov (HTG) token, governance is structured to promote inclusivity, fairness, and accountability while driving the ecosystem’s sustainability and growth.
How Voting Works
HTG holders participate in governance by casting votes on proposals. Each HTG token represents voting power, and decisions are made based on the collective input of the community.
Quadratic Voting
To ensure fairness and reduce the influence of large stakeholders, quadratic voting is employed. This system gives smaller holders more proportional voting power, balancing decision-making and preventing governance centralization.
Key Governance Decisions
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Adjusting TOC allocation ratios for operators, HTX holders, and the Reserve
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Determining HTX minting fees and Reserve management strategies
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Introducing or modifying ecosystem initiatives to enhance adoption and sustainability
Who Can Have HTG?
Operators:
HTG is distributed to operators as a reward for their waste heat recovery efforts.
Operators must meet specific requirements, such as verified energy recovery capacity, to qualify for HTG issuance.
Early Investors and Stakeholders
A portion of HTG may initially be allocated to early investors or founding stakeholders to bootstrap the ecosystem and incentivize participation.
Community Participants
HTG can be acquired by participants who contribute to the ecosystem or through secondary markets if HTG becomes tradable in the future. Additionally, organizations that enable the certification process will play a crucial role in facilitating the acquisition of HTG by ensuring compliance and quality standards within the ecosystem.
✺ Frequently asked questions ✺
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ThermaDAO’s governance ensures that the ecosystem evolves in a decentralized, equitable, and sustainable manner. By empowering the community with decision-making authority, ThermaDAO fosters a collaborative environment that aligns with its mission to drive energy recovery and blockchain innovation.
With HTG at its heart, ThermaDAO’s governance is not just about decisions—it’s about building a future where every stakeholder has a meaningful voice.
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Stakeholders are encouraged to contribute to the ecosystem’s evolution by submitting proposals. The proposal process ensures that all ideas are evaluated and voted on transparently.
Proposal Creation:
Stakeholders draft a proposal outlining the issue, solution, and expected impact on the ecosystem.Submission:
Proposals are submitted through the official ThermaDAO platform for community review.Review Period:
The community discusses and reviews the proposal during a designated period to ensure clarity and feasibility.Voting Phase:
Once reviewed, the proposal moves to the voting phase. HTG holders cast votes, and the outcome determines the proposal’s implementation.Implementation:
Approved proposals are executed via smart contracts, ensuring transparency and automation.
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To maintain transparency and build trust, ThermaDAO archives all past governance decisions. This archive is publicly accessible and allows stakeholders to review the ecosystem’s evolution.
Governance Dashboard:
A comprehensive dashboard provides a snapshot of:Proposals submitted, reviewed, and approved.
Voting results and participation rates.
Key milestones achieved through governance actions.
Transparency and Accountability:
Every decision and its implementation are recorded on the blockchain, ensuring an immutable and accessible history of governance.