Governance and Voting
FoxCoin is committed to decentralized governance, with a roadmap to gradually transition platform control to its community. $FOXI is not only a reward token—it’s a governance instrument, allowing users to help shape the ecosystem’s evolution.
🗳️ Governance Phases:
FoxCoin will roll out its governance model in three key phases:
🌀 Phase 1: Team-led Proposals + Community Feedback (Active)
Core team publishes strategic proposals
Community gives feedback via Telegram and polls
FOXI used to signal support and discussion weight
🔁 Phase 2: FOXI-weighted Voting (In Testing)
Holders can vote using FOXI
Proposals include mission rules, contest topics, creator highlights
Votes are non-consumptive (Snapshot-style), based on holdings
🧩 Phase 3: Full DAO Transition (Planned)
Launch of FoxDAO
$FOXI used for submitting and passing proposals
DAO can manage budgets, incentive pools, content curation, etc.
🧠 Examples of Governance Topics:
Incentives
Adjust reward pools, mission difficulty
Creators
Approve featured content, NFT mint access
Ecosystem
Vote on partnerships, campaign themes
DAO Rules
Modify governance weight or voting cadence
⚖️ Governance Design Principles:
Low barrier: Any FOXI holder can participate in discussions
Dynamic weight: Voting power may include holdings + reputation + activity
Integrated rewards: Participating in governance can also earn FOXI
Transparent: All proposals and results recorded on-chain
Ultimately, FoxCoin’s governance vision is to empower the community as owners, creating a truly self-sustaining and self-governing ecosystem.
Last updated