Moma Governance

1.Moma Governance Overview

The holders of all governance token MOMA Tokens (hereinafter referred to as MOMA) will jointly participate and manage the Moma platform. Lightweight and transparent community governance will be achieved through the basic principle of “one MOMA, one vote.”

MOMA holders have voting rights for the items in the initial stages of Moma governance as follows:

● Update Launch Pool and Lending Pool inspired by Moma

● Update token Market inspired by Moma

● Other community proposals

In addition to the above contents above, the addition and adjustment of mine pools, as well as the related matters of community operation, can also be realized through community governance in the liquidity mining stage.

In the future,MOMA holders will gradually gain complete control of the protocol, and ultimately determine the business development direction, market expansion plan, technical route, asset security, ecosystem incentives and other matters.

2.Moma Governance Process

In the initial stage of Moma governance, in order to allow more MOMA holders to participate in the governance system, a relatively lightweight governance method will be adopted, emphasizing ease of use and universality.

The governance Process is fueled by governance forums and ratified through on-chain Moma Improvement Proposals（MlPs）, with the use of Moma. The following diagram explains how the governance process, from concept to actual implementation.

3.Moma Governance Incentives

Moma's incentives also define the rules for the generation of Moma tokens. The main purpose of incentives is to ensure the Moma Protocol's security and the common goal of ecological development. Appropriate incentives for participants also help to promote the continuous improvement, innovation, and long-term growth of the system.

There are multiple ways for users to obtain MOMA, participate in lending, build a market, participate in governance, and provide liquidity. Anyone can participate in governance after obtaining the MOMA. The tokens participating in governance lose liquidity and are given governance incentives. Governance on incentives can be achieved by MIPs governance voting, which determines the source and proportion of incentives. The figure below can refer to the Moma ecosystem and token circulation.