CoinFLEX is excited to announce its partnership with Commonwealth to launch an all-in-one crypto governance platform for the CoinFLEX community.
Commonwealth is a leading provider of crypto-native governance solutions, and their experience will be invaluable in helping CoinFLEX operate a world-class governance system. The Commonwealth governance platform provides a secure and transparent way for users to submit, discuss, and vote on proposals that will help shape the future of CoinFLEX.
The partnership with Commonwealth comes at an opportune time as CoinFLEX transitions into a community-owned exchange and ushers in a new decentralized governance paradigm.
“Governance is at the forefront of our effort to serve our soon-to-be community of shareholders and will help us continue our commitment to decentralization. We hope CoinFLEX governance empowers our community to have a greater say in how we operate,” says CEO Mark Lamb.
The introduction of an on-chain governance mechanism, powered by Commonwealth, will help CoinFLEX to consider more voices in the community concerning several key decisions in a crypto-native way. For example, on Commonwealth users can expect:
Token-gated governance and voting: ensures the proposals and subsequent discussions align with the community’s best interests.
Full integration with Snapshot: offers users maximum transparency in the governance process and a seamless transition throughout the governance lifecycle, from community discussions and consensus polling to the official vote on the Snapshot platform.
The CoinFLEX Commonwealth forum is now live. We encourage all members of the CoinFLEX community to participate in the governance process and build the future of CoinFLEX.