⚖️Governance Structure

Core Governance Components

1. Arcane Council: The Arcane Council is the primary governance body of Arcane DEX. It consists of key community members, developers, and founders. The council is responsible for setting strategic directions, overseeing major decisions, and ensuring the alignment of Arcane DEX with its long-term vision.

2. Community Assembly: A decentralized forum where all token holders can propose, discuss, and vote on various proposals related to the Arcane DEX protocol. This assembly ensures that every member of the community can contribute to the decision-making process.

3. Technical Committee: Comprising experienced blockchain developers and cybersecurity experts, this committee is tasked with overseeing the technical integrity of the Arcane DEX platform. They ensure the security, efficiency, and scalability of the platform.

Decision-Making Process

1. Proposal Submission: Any member of the Arcane DEX community can submit a proposal via the Community Assembly platform. Proposals can range from protocol upgrades and feature additions to partnership initiatives.

2. Discussion and Deliberation: Proposals are openly discussed within the Community Assembly. This phase allows for community feedback, expert input, and iterative improvements to the proposals.

3. Voting Mechanism: Decisions are made through a voting process. Token holders can vote on proposals, with each token representing one vote. Special measures are in place to prevent centralization and ensure a fair voting process.

4. Implementation: Successful proposals are forwarded to the Technical Committee for implementation. The committee ensures that the proposals align with the technical and security standards of ArcaneDex.

Token Governance

• ArcaneDex Governance Token (ADGT): ADGT serves as the cornerstone of our governance model. Holding ADGT grants voting rights and a say in the future direction of ArcaneDex.

Transparency and Accountability

• Regular Updates and Reports: The Arcane Council will publish regular updates and comprehensive reports on the platform's performance and governance decisions.

• Audit and Compliance: Regular audits are conducted to ensure compliance with regulatory standards and to maintain the highest level of transparency.