This proposal aims to determine whether Beaver Builder will create its own memecoin on the https://pond.fun/ platform through an on-chain vote that simulates a valocratic community voting system.
Your voting power will be determined by the LXPs in your wallet, which means governance cannot be bought but must be earned, as LXPs represent your engagement within the Linea ecosystem.
What are the advantages of creating a Memecoin?
Recognizing the value that a memecoin can bring to a community’s growth, Beaver Builder has concluded that creating its own currency could not only strengthen its community but also support the project's development.
Importance of the Token for Beaver Builder’s Development
Beaver Builder’s main goal is the implementation and usability of Valocracy technology within the Linea ecosystem. Although the creation of a token is not mandatory, it could be used as an incentive mechanism during the development process by leveraging quest platforms with campaigns and partnerships, aimed at fostering the community. Additionally, the token could be used as a reward for participants of the Beaver DAM during the implementation of Valocracy.
Disclaimer
This governance model will be in place until the implementation of Valocracy.
For more information about the concept of Valocracy, visit the website https://valocracy.xyz/en.