Governance

The veRZR token is required to participate in RaiseR's governance. It is obtained by locking $RZR tokens.

Governance is run in 90-day Epochs. For each Epoch there are a total of 11 governors who are determined as follows:

• 3 core-contributor addresses will serve as permanent governors

• 8 highest staked veRZR addresses

The 8 highest staked veRZR for a given Epoch will have the option to elect to become a governor for the next Epoch. In case any addresses forego becoming governors, that Epoch will have that many fewer governors(i.e. if 2 addresses opt out, then there will be only 6 elected governors + 3 permanent governors).

Anyone with staked veRZR can create a proposal, but only governors may vote on proposals. A minimum of 50% governor votes are required for any proposal to pass.

Once veRZR is staked during an epoch, it can only be unstaked at the end of the epoch.

100% of the non-RZR platform revenue is split among the governors and all veRZR stakers for each epoch.