Ultiverse Whitepaper Update: ULTI Governance and Voting
At Ultiverse, we believe that the future of gaming lies in the hands of our players. We’re excited to announce another milestone in our journey towards decentralization: the launch of Ultiverse DAO voting. This new system empowers our community to actively shape the future of our ecosystem, ensuring that Ultiverse evolves in alignment with the desires and needs of its users.
Ultiverse DAO is a decentralized autonomous organization designed to give our players a voice in the platform’s evolution. By participating in staking, players gain voting rights within the Ultiverse ecosystem. This voting power is crucial for Ultiverse’s governance, allowing token holders to actively participate in decision-making through our dedicated voting page: https://snapshot.org/#/ultiverse.eth.
Governance Structure
Our governance model covers ranges of topics, ensuring comprehensive community involvement:
- Core Issues: Significant development decisions that shape the future of Ultiverse.
- Daily Operations: Decisions related to the platform’s day-to-day functioning.
- Other Topics: Various community-proposed and voted-on issues that arise.
Core issue proposals, which can only be initiated by the Ultiverse core team, must be voted on by ULTI token holders to determine whether they pass. The outcomes of these core proposals will be implemented by the Ultiverse team, ensuring that major decisions are both community-approved and expertly executed.
Community Engagement
We highly value the input of our community. Community proposals, initiated by Ultiverse members, serve as a platform for presenting ideas and expressing views. The Ultiverse team is committed to incorporating strongly supported ideas from the community into core proposals, creating a feedback loop that ensures the platform evolves in line with user preferences.
Additionally, we encourage community members to use our various channels to provide feedback and suggest improvements to the protocol. Your voice matters, and we’re listening.
Safeguarding the Ecosystem
To ensure the security and smooth operation of the protocol, the Ultiverse core team retains veto power. This allows for swift corrective actions in matters concerning protocol security or normal operations, without the need for prior snapshot voting. We commit to full transparency in such instances, providing detailed explanations for any veto actions taken.
Conclusion
The launch of Ultiverse DAO governance marks a new chapter in our journey. It represents our commitment to creating a truly decentralized gaming ecosystem where every stakeholder has a say. We invite all ULTI token holders to join us in this exciting new phase. Your participation will help shape the future of Ultiverse, ensuring that our platform continues to innovate and excel in the world of Web3 gaming.
