Governance

MOXIE Holders are able to participate in governance of the Moxie Protocol

Voting rights are provided as follows:

Token Bucket	Voting Power/Token	Notes
Vesting Tokens	1
Circulating Tokens	1
Tokens locked in the protocol Bonding Curves (holders of Fan Tokens)	2	Tokens locked in the protocol Bonding Curve by holding Fan Tokens carry 2 points voting power.

All MOXIE holders can propose and vote on governance proposals to change a subset of network parameters. Please note: This page was created prior to the launch of the Moxie Protocol. The ongoing Moxie DAO activities can be permanently found at dao.moxie.xyz

The following parameters are currently changeable by governance votes:

Parameter	Notes
Use of Protocol Fees from Protocol Transactions	Currently set to burn at 100%
Inflation adjustments in Rewards relative to growth of the Farcaster Network or increases/decreases in MOXIE token value	Currently set to be reviewed by core team monthly with target average daily earn rates of around 6M Moxie.
Grant programs	The first approved Grant program is MoxieRetro1 for contributions to grow the Moxie Protocol prior to 30 September, 2024. Moxie Retro1 grants will vest daily over 90 days. More details can be found at https://dao.moxie.xyz
Common Goods Rewards Grants
Creating new types of Fan Tokens
Upgrading the Protocol to a new version
Subject Fee
Auction parameters (min price, duration & supply)