BounceBit is preparing to hold its first-ever DAO treasury allocation vote, a historic moment for the network’s governance model. The proposal, titled Ecosystem Growth Fund, seeks to allocate 15 million BB tokens from the DAO treasury toward grants and incentives for new dApp developers.
If passed, the fund will be distributed over a 12-month period, focusing on applications that expand BounceBit’s utility, such as lending platforms, NFT marketplaces, and cross-chain DeFi tools.
Voting will be open to all BB holders who have staked tokens in governance contracts. The proposal also includes a transparent reporting mechanism, with quarterly updates to the community on how funds are spent and what results they achieve.
This vote will serve as a critical test of BounceBit’s governance process. It will demonstrate whether the community can make strategic funding decisions that align with the network’s long-term growth.
The governance system itself has been under testnet trials for several months, with thousands of mock votes cast to refine the interface and ensure smart contract reliability. The upcoming vote will be the first on mainnet with actual treasury implications.
If successful, this could pave the way for a more decentralized and community-driven development path for BounceBit.
