The BitSong Community Pool is a self-managing fund that exists to support the ongoing development of the BitSong ecosystem and community.
2% of all BTSG created by BitSong network validators is directed into the Community Pool, meaning that the Pool receives new BTSG every five seconds.
Any BTSG holder can make a proposal, and every BTSG holder can vote on it.
Any proposal is possible, so get creative! Here are a few ideas to get started:
Let’s launch a contest for artists with BTSG prize money
Let’s sponsor a music festival
Let’s add a new feature to BitSong
Let’s support a charitable collaboration between artists on BitSong Let’s re-invest some of the fund to generate passive returns
Community Pool proposals follow the standard governance process. Please see the section on “Participating in BitSong governance” for information.