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Governance

The Increment governance token (INCR) is used by the community to vote, govern, and curate essential infrastructure components of the Increment ecosystem as described in this previous governance discussion regarding token creation and distribution.

The Increment governor has migrated from Ethereum mainnet to zkSync Era mainnet. The interface for Increment governance is available on Aragon.

Visit the Governance section in Developer Docs to see the complete list of parameters that governance can change.

Increment implements the Aragon DAO stack which establishes a decentralized, onchain framework allowing the community to modify system parameters, support new markets, or add entirely new functionality to the protocol. In other words, under this framework no single entity or administrator should have the privilege to make changes to the protocol without an onchain vote and execution.

Delegation

With the delegated governance model implemented, token holders can vote on proposals or delegate their voting power to other members of the community to vote on their behalf. Delegation does not lock or transfer tokens; holders can withdraw their delegation at any time.

Governance Parameters

  • Proposal creation: Hold at least 100 INCR

  • Quorum needed: 2%

  • Voting period: 7 days

Governance Contracts

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