The HPB-based, decentralized exchange Hpdex is a DeFi project initiated and run completely by HPB’s community. Hpdexwill facilitate community governance, so HPD community members can jointly make significant plans to determine the future development direction of Hpdex. It is hoped that Hpdex community members can actively provide good ideas and suggestions, and formulate high-quality proposals to promote better evolution and development of Hpdex through community voting.
Hpdex community governance is divided into two steps: to initiate a proposal and to vote.
To Initiate a Proposal:
Hpdex community users can post any proposals on HPCLUB website. When the number of likes exceeds 50, the proposal will then be eligible for community voting. Note: The proposal must not violate relevant laws and regulations, must be beneficial to the development of Hpdex, and must be written in Chinese or English.
Proposals that are approved and qualified to vote will be entrusted to a community referendum in HPB Wallet, and Hpdex community members who hold HPB can vote on the proposals.
The voting time for each proposal is up to 7 days. After the voting time expires, the total number of votes must be ≥ 3 million votes, and the number of YES votes must be greater than the number of NAY votes to pass a proposal.
The above are the preliminary proposals and voting rules for Hpdex community governance, which will be adjusted by the community according to the actual situation in the future.