What is a Charter?
The Green Node owner community kickstarts its decision-making process with a significant vote called the Charter. Spearheaded by the Set Power Free team, in collaboration with dedicated community members, lawyers, node owners, and other stakeholders, an all-encompassing project charter named the Green Node Network Charter is being meticulously crafted. We embrace originality in naming it so! This Charter serves as a comprehensive document, akin to a lite paper, elucidating specific terms, mechanisms for earning points and rewards, procedures for proposing new project initiatives, and other pivotal aspects of the Green community. A pivotal aspect of the Charter revolves around decentralizing decision-making authority, empowering the expansive community of node owners. Additionally, the Charter establishes a governing body known as Node Governance, entrusted with overseeing fundamental project functions and assets (such as reward distribution) on behalf of the Distributed Governance Framework (DGF) – a framework we proudly embrace.
The Charter will be proposed to the Community for ratification and acceptance. If the charter vote passes via a majority vote, it will be the vital cornerstone to the success of the remaining milestones.
How will the node owner community ratify the Charter?
Node owners will be notified via email upon voting commencement. The vote will be open for six days. Node owners can vote for or against the Charter. After the voting window closes, the vote outcome will be calculated, and an email will be sent to node owners notifying them of the outcome.
How will voting work?
Node owners can view the vote by clicking the link provided in the vote notification email. They can also visit Set Power Free and log into the app. After logging in, click on Voting in the left-side menu to see the Charter vote. Clicking on the charter vote allows anyone to read, download (pdf) and vote for or against the Charter proposal (once the voting window opens).
What does the voting status provide to the current standing of each proposal?
Pending: The proposal is inactive, and voting has not started yet. You can download and read the proposal. The countdown column shows the date when voting starts.
Progress: The proposal is currently active, and voting has started. You can download and read the proposal. The countdown column shows how long the proposal is active in Days: Hours: Minutes: Seconds.
Defeated or Passed: After the voting is finished, the proposal will show as Defeated or Passed. Defeated indicates that the majority of voters voted against the proposal. Approved means that most voters had voted to pass/approve the proposal.
Are node owners required to vote?
Voting is not mandatory for node owners. However, we highly value the input and feedback from all node owners as it contributes to the decentralized nature of the Green Blockchain. Voting serves as an opportunity for you to express your thoughts and actively participate in shaping the community. Your engagement through voting is greatly appreciated and encourages further decentralization.
How long will voting be open?
The opportunity for node owners to vote will be available for six consecutive days. Each proposal will show the countdown, which provides the date and time frame of each proposal and the current status of each proposal.