Voting and Proposal Mechanisms
At the heart of StarMiner’s decentralized governance system is a transparent, permissionless mechanism for submitting, reviewing, voting on, and executing protocol proposals. Governed entirely on-chain, this system enables AMAX token holders and their delegates to shape StarMiner’s future from technical upgrades to funding allocation and policy reform.
This mechanism is built to promote openness, deter manipulation, and reward long-term participation through a secure and auditable governance workflow.
Proposal Lifecycle Overview
StarMiner’s proposal process follows a multi-phase pipeline, governed by smart contracts and supported by off-chain tooling (dashboards, reputation systems, discussion forums):
Drafting
Any eligible AMAX holder or delegate prepares a proposal using the SIP (StarMiner Improvement Proposal) format.
Submission
Proposal is published on-chain with a minimum stake or fee to prevent spam.
Review Period
Optional community discussion and feedback via forums or Snapshot (off-chain).
Voting Period
Token-weighted voting window opens (e.g., 3–7 days). Users cast votes directly or via delegates.
Quorum Check
Proposal passes only if minimum quorum is met and outcome exceeds approval threshold.
Time-Lock Delay
A buffer period before execution to allow further community review or cancellation (if malicious intent is detected).
Execution
If successful, the proposal’s instructions are triggered by a governance executor contract.
Proposal Types
StarMiner supports a variety of governance topics through modular proposal templates:
Economic Policy Adjust AGPU reward rates, emissions, burn mechanics, staking multipliers.
Protocol Upgrades Add new compute roles, adjust MTP logic, implement new infrastructure modules.
Treasury Allocations Distribute funding to grants, community initiatives, liquidity support.
Role and Access Management Add/remove node classes, update staking thresholds, enable TEE-only workloads.
Meta-Governance Modify voting logic (e.g., from 1-token-1-vote to quadratic voting), adjust quorum %, or update proposal time-locks.
Voting Mechanism
Token-Weighted Voting (Default)
Each AMAX token held (or staked) = one vote.
Voting power is snapshotted at the start of the proposal to avoid manipulation.
Delegated Voting
Token holders can delegate voting rights to:
Validator nodes
DAO council members
Thematic stewards (e.g., compute policy, compliance, sustainability)
Delegates vote on behalf of others but must maintain high reputation to keep influence.
Advanced Options (Future Upgrades)
Quadratic Voting: Mitigates whale dominance by reducing marginal voting power of large holders.
Reputation-Weighted Voting: Prioritizes long-term voters with a track record of successful governance participation.
Tiered Voting Classes: Specific proposal types may restrict voting to relevant stakeholders (e.g., only Validators vote on slashing logic).
Proposal Requirements and Safeguards
Proposal Threshold
10,000 AMAX
Minimum tokens to submit a live proposal
Quorum
5% of supply
Minimum vote participation for a proposal to be valid
Approval Threshold
51% Yes votes
Majority approval required to pass
Time-Lock Delay
24–72 hours
Execution delay window post-vote for transparency and protection
Slashing
Enabled
Malicious proposals may result in penalty or delegate score reduction
All parameters can be modified by governance through meta-proposals.
Voting Rewards and Participation Incentives
Voting Rewards: AMAX incentives are distributed proportionally to those who participate in governance cycles.
Proposal Grants: High-impact proposals that pass and lead to measurable ecosystem growth may be retroactively funded.
Delegate Stipends: Top-performing delegates may earn AGPU from treasury incentives tied to participation metrics.
Transparency and Auditability
All proposals, votes, and executions are:
Logged on-chain
Publicly queryable via the governance dashboard
Available via API for third-party explorers and DAO analysts
Voting activity, delegate history, and past proposal outcomes are linked to unique wallet addresses and accessible to all stakeholders.
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