Telcoin Platform
Telcoin Platform
Governance Infrastructure Overview
The following section provides a descriptive summary of the components that encompass the Telcoin Platform governance infrastructure.
Overview
The Telcoin Platform is a blockchain based resource system (”platform”) that generates a flow of subtractive TEL units and a wide variety of other digital goods and services which can be harvested, consumed, and enjoyed by users. Miners, the constituent interest groups who co-produce and harvest benefits from the system, use a customized technology stack of mechanisms to alter the governance system itself, select council members, participate in decision-making processes that provide for system improvements, regulate the flow of TEL units, structure and enforce operational activities related to the system, communicate, and document information. We refer to this technology stack as the governance system infrastructure.
Introduction
This document outlines, identifies, and describes the various technical components that encompass the Telcoin governance system infrastructure.
System Summary
Telcoin Governance leverages multiple technologies to create a comprehensive governance system. They include:
| Component | Summary |
|---|---|
| Safe Wallets | Serve as the on-chain representation of councils and constituencies. Each council and constituency has its own Safe Wallets that executes transactions that are approved by Snapshot vote. |
| Governance NFTs | NFTs mark council members and grant them voting power. TEL streams from the treasury into NFT holders’ wallets. |
| Snapshot | Snapshot is where councils and constituencies will vote on all governance related decisions. |
| Zodiac Reality Module | Zodiac Reality integrates Snapshot with Safe Wallets. Since Snapshot is an off-chain tool, an oracle is required to bring results of votes on-chain. Zodiac Reality takes the result of a Snapshot vote from an oracle and allows its corresponding Safe Wallets to execute the transactions defined in said vote. |
| Zodiac Guard Module | Zodiac Guards can be added to Safe Wallets to prevent the Zodiac Reality module from executing certain transactions. The Compliance Council will be able to veto transactions using the Guards set up on each council’s safe. |
| Zodiac Bridge Module | Zodiac Bridge enables Safe Wallets on different chains to prompt each other to make transactions. Zodiac Bridge is useful once Snapshot configurations are defined via ENS. |
| ENS Names | Snapshot spaces require ENS names. As governance matures, Snapshot configuration will be handled via ENS. |
| Telcoin Forum | Forum for governance related discussions. |
| Telcoin Documentation | Reference material describing the Telcoin Platform. |
| Telcoin Discord | Announcements and general community discussion. |
Governance Infrastructure