Governance
Ownership and governance in the Braintrust Network is represented by the BTRST token.
Governance at Braintrust
Governance at Braintrust is a system and process that allows anyone from the community to propose an idea that can improve Braintrust. (Here's a fun example: changing payment providers for payment processing.)
It all starts with an idea that materializes into a “proposal”, which is a write-up of the idea in more details with some description and argumentation to make the case.
Members from the community then express their opinion on the proposal by voting on it with the BTRST tokens that they hold in their crypto wallet, which will act as votes signaling voting power to their vote. The more BTRST tokens you have, the more voting power you will have when casting your vote.
If the results of the voting process for a proposal are favorable, the proposal gets executed via code on the blockchain and a new governance of Braintrust goes live!
Use your BTRST tokens to vote
Exercise your control over the network by proposing and voting on changes. Vote using your BTRST tokens (the more tokens you have, the greater your voting power) without actually spending tokens.
How to Participate:
Get set up early! You must connect to Snapshot.org before a proposal is posted in order to vote.
Set up a Wallet --> Learn how to set up an external crypto wallet
Ensure Tokens are in your wallet --> Learn how to Withdraw tokens from your Braintrust Platform Wallet.
Connect your Wallet to Snapshot --> Learn how to connect to Snapshot.
Connect your Wallet to Braintrust --> Learn how to connect to Braintrust.
How to Vote:
Off-Chain votes: Snapshot.org --> Learn about Off-chain voting.
On-Chain votes: Braintrust Platform --> Learn about On-Chain Voting.
The 4 Phases of Braintrust Governance
Participate in the Process: Phase 1 | IDEATE
The purpose of this initial stage is to propose and vet ideas that community members have and decide which ideas are ready to go to “Phase 2: Vote off-chain” for a more formal voting.
Read the full article here.
Governance FAQs
Braintrust Academy: Governance
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