Community Pool
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.
Last modified 1yr ago