🌟Superblock
A Superblock is a special type of block generated on the blockchain network once every 86,400 Blocks (2 months approx). The rewards associated with this block are segregated and sent to a designated wallet address. It's important to note that these funds are independent of miner and staker rewards.
Superblock: A Funding Mechanism
The sole purpose of the Superblock is to accumulate funds for bigger developments that require large sum of money or securing a listing on top tier centralized cryptocurrency exchange (CEX). The Decentralized Autonomous Organization (DAO) will play a crucial role in determining how these funds are ultimately used.
Here's how the decision-making process will unfold:
Community Suggestions: The team will actively solicit suggestions from the community regarding potential options.
Proposal Formulation: Based on the gathered community input, the DAO will formulate a formal proposal on Exchange outlining the preferred strategy.
Community Voting: The proposal will be presented to the community for a vote. If the proposal get majority of votes to pass it then the funding is approved the coins from superblock are then sent to the address provided in the proposal.
In essence, the Superblock mechanism encourages community participation in securing listings on bigger exchange and guarantees long-term project development by allocating resources.
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