Introduction to Governance

The DAO governance structure of the Brilliant Diamond Exchange is designed to foster transparency, equity, and long-term stability of the Brilliant Diamond Exchange. The foundation of the DAO is the governance token $BDE which provides owners with voting rights and direct profit sharing.

This section outlines the fundamental policies regarding the Governance Token Allocation, Release Schedules, Exchange Improvement Proposals (EIPs), and Legal & Regulatory Compliance, which collectively form the basis of our Governance Strategy.

Token Allocation & Release Schedule

The Governance Token $BDE will be allocated between early SAFT investors (21.0%), future ecosystem development (17.3%), regulators (CFTC & SEC) participation (15%), guaranteed staking rewards (15%), founding team (14.7%), developers (3.5%) and early employees (3.5%). With the remaining 10.0% locked up and unallocated for the foreseeable future.

SAFT 1 Investors, Early Founders & Developers tokens will be released over a 5 year unlock period. SAFT 2 and SAFT 3 investor’s tokens will be released over a 5 year unlock period. Staking and Future Ecosystem Development tokens will released immediately to be utilized for staking rewards in the short term with future ecosystem development needs as determined by the DAO. The 10.0% unallocated tokens will be locked up and slowly released to the market over the next 100 years.

Click Here for Details of the Token Allocation & Release Schedule.

Exchange Improvement Proposals (EIPs)

Exchange Improvement Proposals (EIPs) are central to the governance model of the Brilliant Diamond Exchange, serving as the primary mechanism through which changes and improvements can be proposed and implemented within the ecosystem. EIPs allow community members, $BDE token holders, and other stakeholders to submit proposals for improvements or modifications to the exchange's protocols, infrastructure, or policies.

In the end, the final vote to approve or reject an EIP on chain will only allowed by $BDE token holders.

Click Here for Details of the Complete EIP Process

Legal & Regulatory Overview

The Brilliant Diamond Exchange is committed to upholding the highest standards of compliance and regulatory adherence. This commitment ensures the integrity, security, and continuity of our operations, safeguarding stakeholder interests and aligning with global regulatory expectations.

Click Here for Details of Legal & Regulatory Considerations

The Brilliant Diamond Exchange's vision encompasses a century-long horizon, emphasizing perpetual growth and support for the ecosystem. The total supply of $BDE tokens is capped at 1,000,000,000 to ensure the integrity of the business model.