Governance

RollApps feature an onchain governance mechanism that allows for the decentralized control of specific onchain decisions and the management of funds owned by the RollApps. RollApp Governors manage the onchain governance, enabling features such as onchain votes for transferring tokens owned by the community pool and adjusting onchain parameters.

Governors

Governors do not operate nodes instead they receive token delegations and vote on onchain governance proposals. Each Governor sets their own commission rate which is a tax on the mint and fees distributed.

It is permissionless to become a Governor of a RollApp. Governors need to receive enough delegations to enter the active set which is Top 100 by default.

Staking

Token holders stake (i.e. delegate) their tokens with Governors. This allows token holders to receive a pro-rata share of the mint and fees that are distributed by the RollApp. To be eligible for this distribution a token holder must stake their tokens with a Governor in the active set.

Tokens may be unstaked at anytime. Unstaking requires undergoing an unbonding period set as 7 days by default.