The original governance of Edgeware is composed of two bodies:
1) The Referendum Chamber - The broadest and most powerful body of Edgeware governance. It is composed of an assembly of all EDG holders, weighted by amount of tokens held and voluntary lock-commitment. 2) The Council - Members of this body are elected through approval voting of EDG holders, weighted by the number of tokens controlled.
The core functionality of Edgeware’s governance, and the tools of these two bodies, is implemented in several extensible modules that users interact with to conduct governance: the Treasury, Council and Democracy (Referenda) modules.
Non-binding polls are an important part of the governance process for existing blockchains. Users should also be able to create and distribute polls for signaling interest in different proposals, strategies, and directions.
Edgeware requires a first-class identity primitive so people can identify each other in the governance process.
The democracy module initially restricts votes on proposals to binary votes. This module allows for delegated voting–improving the total stake allocated towards a vote. Future upgrades should allows users to choose between many different methods for voting on a proposal (e.g., binary or rank-choice).
To better understand how the council is formed, please
Edgeware allows voters to nominate a set of accounts that hold certain rights over the network. Council members can bias proposals.
This module allows individuals to vote on the allocation of a portion of newly minted EDG.
You can participate in Edgeware governance by making proposals, voting on referenda, and voting for council members. Edgeware currently has a basic governance UI, found at both Commonwealth.im/Edgeware at polkadot.js.org/apps/#/democracy. You will need EDG to participate in Edgeware governance.
Discuss governance proposals on the Discussions tab at Commonwealth.im/Edgeware