Governance

As a decentralised protocol, Minterest will be governed by its Decentralised Autonomous Organisation (DAO). Governance functions will be initiated during Private Launch and evolve alongside the protocol.

Voting Weight

Voting rights are activated when users stake MNT in the protocol. Users receive a dynamically calculated multiplier benefit, or loyalty reward, applied to their voting weight based on the length of time they participate. The longer their MNT is staked the greater their voting weight becomes. Users may unstake MNT at any time, but forfeit the loyalty reward.
In order to maintain loyalty rewards users must vote, or delegate, on proposals a minimum of once every 6 months. Failing to do so results in a forced withdrawal of staked MNT from governance, forfeiting any accumulated loyalty reward.