Governance & Token features
Last updated
Last updated
At the heart of Closer's innovation is its approach to community governance and value exchange. The Native Tokens & Governance module leverages blockchain-based tools that enable transparent, participatory, and equitable decision-making while opening new opportunities for resource allocation and economic relationships. This system serves as a bridge between traditional community management and emerging decentralized methods—making it possible for communities to evolve their decision processes while remaining connected to the broader Web3 ecosystem.
What They Are: Community tokens in Closer reimagine value, access, and belonging. Unlike conventional currencies that may extract value, our native tokens keep resources circulating within the community. They provide:
Access Rights: Tokens can grant members special access to platforms or spaces.
Governance Weight: The number of tokens held can determine voting power in decision-making.
Expressions of Belonging: Tokens act as a symbol of membership and commitment to community values.
Why It Matters: Physical presence is crucial for land-based communities. The Proof of Presence system tracks and values the time members spend in the community space. This has two important effects:
Balanced Contributions: It ensures that those who actively participate in day-to-day operations have a greater say in governance.
Encouragement to Participate: By rewarding physical presence, it boosts engagement and strengthens community ties.
Recognizing Hands-On Contributions: Proof of Sweat rewards members for their practical, hands-on contributions. Whether it's building, maintaining, or creatively contributing to community projects, Proof of Sweat:
Records Contributions Transparently: Every effort is tracked and acknowledged.
Translates Into Governance: Contributions can convert into additional governance weight, ensuring that active doers have an influential role.
Encourages Collaborative Work: It fosters an environment where every member’s work is valued.
How Decisions Are Made: Closer’s governance tools support the full cycle of decision-making:
Proposal Creation: Any member can propose new ideas or changes.
Deliberation: Proposals are discussed openly—often via integrated forums.
Voting: Voting is conducted using tools like Snapshot, where token weights determine influence.
Implementation Tracking: Approved proposals are tracked from execution through review.
This system ensures that governance is inclusive, transparent, and dynamic.
Closer integrates seamlessly with leading Web3 tools to enhance governance and treasury management:
Off-Chain Voting: Members can vote on proposals without incurring gas fees.
Token-Weighted Votes: Votes are weighted according to the tokens each member holds, ensuring fair participation.
Multi-Signature Security: Treasury funds are stored in Safe (formerly Gnosis Safe), where multiple member signatures are needed to execute transactions.
Decentralized Control: This increases security by preventing unilateral fund movements.
Open Dialogue: The Charmverse Forum provides a dedicated space for discussing governance proposals.
Community Feedback: Members share ideas, feedback, and endorsements before proposals are submitted for voting.
Plug-and-Play Flexibility: Closer’s stack is built to integrate with any ERC20-based logic. This means you can add additional tokens or Web3 tools from the Ethereum ecosystem as your community’s needs evolve.
Closer’s Native Tokens & Governance module is designed to:
Empower Members: Through token-based voting and transparent governance.
Reward Participation: Via Proof of Presence and Proof of Sweat.
Secure Community Funds: With multi-signature treasury management.
Foster Open Dialogue: By integrating community discussion platforms like Charmverse.
Maintain Flexibility: Allowing integration with the full breadth of Ethereum ecosystem tools.
This integrated approach helps create a resilient, community-led model of governance that leverages the best of both traditional and decentralized systems. By thoughtfully embracing these innovations, Closer not only supports a more engaged community but also paves the way for new forms of cooperative social transformation.