Everyone can get involved by submitting a proposal leaving it to the network to decide what's valuable.
As part of our network's consensus rules, the funds can only be spent through a dual consensus vote.
Every block that gets staked adds 0.5 NAV to the treasury which accumulates over time.
You can use one of our wallets to submit your proposal to the network, however before doing so, it's good practice to involve the community, listen to their thoughts and address them if need be. When it comes to submitting the proposal itself, it's helpful to all, if the proposal's title field contains a link to a more descriptive write-up on one of our social channels, as can be seen with previously accepted proposals.
Once your proposal has been submitted to our network, it's time for our community to cast their votes. For your proposal to become formally accepted on our network, it has to reach a minimum acceptance rate of 70% on a minimum participation rate of 50%. If your proposal is successful in achieving this, your requested payment will become locked and unavailable to other proposals, and thus everything's set for you to deliver on the promise of your proposal.
When you've completed the task as laid out in your proposal, you can request its payment. If the task of your proposal is structured by clearly defined milestones, you may choose to request partial payments along the way. In a similar fashion as with the proposal itself, a payment request can be submitted to the network using one of our wallets, and requires a minimum acceptance rate of 70% on a minimum participation rate of 50%.