Bit Federation

The core of achieving equality and open and transparent governance. Community governance will develop in a more democratic and fair direction

governance

Through community governance, it not only brings innovative governance mechanisms to the platform, but also allows bottom users to become the real builders of the platform. We believe that through this innovative and credible governance model, the platform will establish an open, fair, and sustainable community ecosystem, allowing users to jointly witness and promote the success of the platform while enjoying platform services.

Governance Illustration

Council

Council members are responsible for maintaining the normal operation and network activity of the Bit Federation blockchain. The Board of Directors can propose modifications to network fees, development, operations, mechanisms, etc.

Governance Illustration

Key actors involved
in governance

holder

Holders of Rise

For users who hold Rise tokens, each rise token represents a vote. Holders can vote for candidates who can represent their demands and ensure the healthy development of the Bit Federation in community development and council elections.

candidate

Any candidate holding Rise tokens ≥ 1000 can run for the Board of Directors

You must hold Rise tokens ≥ 1000 to become a candidate.

Council

The top 21 candidates will be elected to the Board of Governors

The top 21 contests will be held by the Bit Federal Council, which can make amendment proposals for community development.

Governance process

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