Governance

Owning $TOPIA Tokens allows you to vote on ideas and suggestions for improving the TOPIA. If you have enough tokens, you can suggest new ideas for the community to vote on by creating a TOPIA Ecosystem Proposal (TEP). This system ensures that the TOPIA community works together to fairly shape the platform's future.

To create a TOPIA Ecosystem Proposal (TEP), you need at least 1,000,000 $TOPIA Tokens. This helps prevent too many proposals from being active at the same time. The community can also vote to change this amount.

Each $TOPIA Token you have gives you one vote (yes or no) for a proposal. For example, if you own 10,000 tokens, you can cast 10,000 votes on a proposal. Your tokens won't be taken or used in any deductive way when you vote.

For a proposal to pass, it must receive more "yes" votes than "no" votes and get at least 10,000,000 total votes (quorum). The community can vote to change this requirement as well.

Currently, there are no rules about what types of proposals can be submitted. These proposals may include desired changes to game mechanics, staking mechanics, economic systems, and any other system that is a part of TOPIA. The TOPIA team can reject any approved proposals that they justify to be malicious or prove could harm the platform or TOPIA's community.

All governance activities will be performed through TOPIA's snapshot.org page: https://snapshot.org/#/topia-governance.eth