Kaddex: Governance

$KDX allows Kaddex supporters to play a vital role in the decentralized autonomous organization (DAO) governance, which is designed to be completely driven by the community. The gas-less environment allows all everyone to participate in the DAO governance free manner, removing any voting cost barrier.

In the Kaddex DAO, voting power is determined by how much of KDX a user stakes and the length of time they stake it for. If a user unstakes their KDX, their voting power will decrease more quckly than it was accrued. However, they can prevent this decline by restaking their KDX, which allows for the reaccrual of voting power. The rate at which voting power is accrued is nonlinear. This ensures that users who are the part of the system through staking are recognized for their support, while still allow new users to enter the system and have a meaningful impact.