Governance

Governance

The 2% Marketplace Trading Fee is intended to keep the team running, at least 5% of the trading fee will be returned to the BICY ecosystem. The rest of the tax collected by BICY will go to the treasury pool, which will be decided by the BICY-stacker:

Voting Option	Profit Sharing	Implications
Benevolent giver	70% carbon offset, 30% dividend	Reward voters’ BICY
Generous giver	55% carbon offset, 45% dividend	Reward voters’ BICY
Matcher	40% carbon offset, 60% dividend	NA
Avaricious taker	25% carbon offset, 75% dividend	Burn BICY voters
Egotistical taker	10% carbon offset, 90% dividend	Burn BICY voters

Voting Power

By locking the staked BICY, users will get greater voting power:

Lock-in period	Weight
1 month	1
3 months	4
6 months	8
1 year	16
2 years	32
3 years	64