BMT Series (18): Community Governance and BMT's Participation Rights
Community governance is becoming increasingly important in Web3 projects, and the design of BMT cleverly pulls holders into the decision-making circle. Through the Intel Desk crowdsourcing platform, BMT holders not only vote but also directly influence the direction of investigations, making it feel like a real-time intelligence network rather than a mere token.
Let's first discuss the governance mechanism. Users holding BMT can deposit tokens into a voting pool and then allocate them to different cases. Every week, resources are distributed according to the proportion of BMT held; for example, if a case accounts for 60%, it receives 60% of the investigation time. This is transparent and democratic, avoiding unilateral decisions by the team. Proposers must submit cases with a minimum threshold of 100 BMT to prevent spam, but once approved, the rewards are substantial. Voters can also reallocate their votes for free, with a review every week to ensure stability.
The participation rights of BMT do not stop there. Holders unlock advanced features like AI cluster explanations or cross-chain analysis and can also benefit from the ecological fund. The team allocates 9%, but there is a 12-month cliff period to emphasize long-term commitment. In the future, governance may extend to multiple chains, allowing Solana and BNB users to seamlessly join.
Why is this system effective? Because it transforms community intelligence into action. For example, in the SHIB case, the magic nodes revealed hidden connections, driven by community voting. Holders are not just investors; they are contributors who gain insights early and seize market signals. Of course, the withdrawal fee design (20% on the first day, gradually decreasing) prevents gaming the system and maintains fairness.
Overall, BMT's governance has transformed Bubblemaps from a small team in France into a global collaborative entity. The greater the influence of holders, the more vibrant the ecosystem, which is the essence of InfoFi—unlocking collective wisdom.
