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ABOUT

Governance

Any Locus coin holder can operate a node and
participate in the management decisions of Locus Chain ecosystem.

Locus Chain is a fully decentralized public blockchain and
work to ensure a continuation of a transparent and open ecosystem.

Locus Chain has the following governance operation plans.

  • 01

    Based on the PoS policy, voting rights are granted according to the amount of coin shares held by each node. Currently, more voting rights are given to the operator than to the nodes that are delegated to secure network stability.

  • 02

    Voting rights are also delegated when the shares are delegated.

  • 03

    Various policy proposals, changes in policy, and details regarding voting will be made through the official wallet provided by the foundation. Details regarding initiatives, restrictions, voting, execution, and penalties will be announced later.