Listing Procedures
Balance of Power
New listings are added only after successfully passing proposals in $DEEPWATERS Community Governance AND the Deepwaters listing committee. Votes are determined final if a supermajority is reached (9 of 14). A total of 7 votes are controlled by $DEEPWATERS Community Governance and 7 votes are controlled by the Deepwaters listing committee. By balancing power between both groups, Deepwaters aims to consider the best interest of the community and organization.
DEEPWATERS Community Governance
$DEEPWATERS token holders have the power to participate in voting on new listings. Votes are counted as 1 vote per token held plus additional voting power based on duration of holding. Each year provides an additional 1:1, capped at 4 years (5:1).
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