Governance
BoC is a disruptive blockchain innovation that aims to revolutionize the DeFi ecosystem. It will serve as a bridge between fund lenders and investment operators, providing a gateway for newcomers in the world of crypto investing and creating a new way to interact with the DeFi Ecosystem.
DAO Development
Currently, the governance of BoC is through Gnosis multisignature. In the near future, governance will be transferred to a DAO.
DAO will utilize off-chain governance forum and snapshot for voting, and on-chain smart contracts for proposal executions. The links for these resources are as follows:
The Governance tokens are planned to be developed and launched in Q1 2023. More details on the progress will be updated in the BoC Roadmap.
Tokenomics
The maximum supply of BoC tokens is 1 billion. Token holders will receive a BoC management fee based on their holding ratio. Once the tokens are locked, they can participate in governance and share in the benefits. The tokens are planned to be distributed among the following five groups: Treasury, Investors, Team, Community and Advisory.
| Groups | Holding Ratio (%) | Governance Tokens Holdings |
|---|---|---|
Treasury | 35.00 | 350M |
Investors | 25.00 | 250M |
Seed Investors | 20.00 | 200M |
Future Investors | 5.00 | 50M |
Team | 24.00 | 240M |
Developers | 10.00 | 100M |
Founders | 8.00 | 80M |
Marketing | 2.00 | 20M |
Future Team Members | 4.00 | 40M |
Community | 15.00 | 150M |
Liquidity from DEX | 5.00 | 50M |
Incentive Mining | 10.00 | 100M |
Advisory | 1.00 | 10M |
Total | 100.00 | 1B |
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