- Key Voting Issues
- Topics of Discussion
- How to Vote
The Firo community has been actively discussing the project’s economics, particularly the block reward distribution and emission model. After gathering feedback and conducting preliminary polls since June, the community is approaching the penultimate poll to definitively decide Firo’s future.
Key Voting Issues
The two primary issues being voted on are: - What should Firo’s block reward distribution be? - What should Firo’s emissions be? These polls touch on important issues, such as whether there should be a development and/or community fund, the sustainability of masternodes, and the role of miners. It also considers the long-term sustainability of Firo: should it adopt a tail emission or stick closer to the original Bitcoin model.
Topics of Discussion
Important topics include the voting format, which allows community members to rank their options, resulting in a fairer reflection of sentiment. Known as ranked-choice voting, this method is suitable where there are many options to choose from. You can view the previous discussions and polls here: - Development and Community Funds - Tail Emission - Firo’s Halving Schedule
How to Vote
Anyone who has been part of the Firo community for some time is eligible to vote. **Step 1**: Register at forum.firo.org **Step 2**: Earn at least Trust Level 1 by spending time on the forums. If you’ve been with the Firo community for a while, request an admin to upgrade you immediately. **Step 3**: Head to the final poll thread. Note, there are two polls to vote on, don’t forget to vote in both of them. **Step 4**: Rank the options with rank 1 being your most preferred. Options you don’t like can be left unranked by choosing ‘abstain’. **Step 5**: You can post in the thread to explain your choice. In the future, we plan to impose higher requirements for future polls, possibly including a minimum Firo holding requirement, without disenfranchising smaller holders.
Participating in Firo’s polls is a crucial step in decentralized governance, ensuring that your voice is heard. The poll closes on September 1, 2024.
