XNET Improvement Proposals
(XIPs)
Types of Proposals
Emissions and Tokenomics changes, technical upgrades, community projects or partnerships.
Who Can Submit? All community stakeholder members are encouraged to participate in the advancement and growth of the XNET ecosystem via gevernance.
XIP Format Title: Short, descriptive name. Author(s): List the primary contributors. Summary (100–200 words): High-level overview of the proposal.Rationale: Why this proposal is needed and the problem it solves. Proposal Details: Key steps, timelines, and resources. Impact Assessment: Potential effects on the network and community.
Proposal Review Process
Preliminary Review: WG council and community review the proposal for completeness and alignment with XNET’s goals and guidelines. Feedback Period: Allow a set period for the community to provide feedback or request clarification. The proposal may be updated based on community feedback.
Voting Process
Step 1: Voting Eligibility TBD with staking and governance tokens. Step 2: Voting Period Set a clear start and end date for the voting period (e.g., 7 days). Include details about how to cast a vote and the voting options available (Yes, No, Abstain). Step 3: Voting Outcome If the proposal passes a pre-determined quorum, it moves to the implementation phase. If the quorum is not met, the proposal is either rejected or sent back for further discussion and refinement.
Implementation
If the proposal is approved, outline the steps for implementation, including any budget allocations, development teams, timelines, or milestones. Regular updates should be posted to ensure transparency throughout the process.
Monitoring and Reporting
After implementation, the community should have access to regular progress reports. Establish a process for evaluating the success or failure of the proposal and its impact on the ecosystem.
Appeal or Amendment Process
If a proposal is rejected, outline how it can be appealed or amended for resubmission. Clear guidelines for how a failed or partially implemented XIP can be revisited. This outline ensures that the WG follows a transparent and structured process for submitting and approving community-driven proposals. You can further adapt this depending on the specific tools and governance structures XNET is using.
XIPs
SLA (Cellular Radio Uptime) Based Token Bonus
Passed
Cellular Paid Data Buy and Burn Rate
Passed
Reduce $XNET total supply by 99%
Passed
End of Phase X (Registration & Staking)
Passed
Implementation of Price Oracle Algorithm
Passed
Wi-Fi Data Payout Modification
Passed
Chain Migration/XNET Foundation
Passed
Token Realignment on move to Solana
Passed
Restore 1:1 Converter
Passed
Unemitted Supply Burn Mechanism
Passed
Enhanced Tokenomics: Fibonacci‐Based Reduction, Proportional Usage Rewards, and Data Thresholds
Passed
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