A TWO PARTY ECOSYSTEM
The Governance of Epoch Island
The Islanders
Epoch Islanders are the native inhabitants of Epoch Island. Their main responsibility is to vote on proposals that increase the GDP of the Island.
VOTE ON PROPOSALS
To help increase the economic activity of the Island, Epoch Islanders vote on vital proposals made by the Epoch Elders.
EARN EPOCH
Epoch Islanders can pair their EPOCH up with ETH to mint vEPOCH. All Islanders who hold vEPOCH receive EPOCH rewards.
OWNERSHIP (PENDING)
Epoch Islanders can burn their EPOCH to redeem a proportional amount of tokens from the Treasury (ETH, USDC, etc).
HOW TO BECOME AN ISLANDER
You can get EPOCH by swapping or locking tokens through the Epoch Island Dapp.
Combine your EPOCH with ETH into the 80/20 Balancer Liquidity Pool.
Lock your EPOCH LP for any amount of time to mint vEPOCH. You can unlock your LP tokens early by returning any claimed rewards.
The Elders
Epoch Elders are the guardians and governors of Epoch Island. Their main responsibility is to make proposals that increase the GDP of the Island.
BENEFITS OF BECOMING AN ELDER
MAKE PROPOSALS
To help increase the economic activity of the Island, Epoch Elders can make proposals to the Islanders for approval.
EARN EPOCH
Each time an Epoch Elder makes a proposal that gets passed, they are eligible to receive a portion of all newly minted EPOCH.