Proposals

Eexcutive Summary

Eexcutive Summary

Eexcutive Summary

Eexcutive Summary

Eexcutive Summary

Eexcutive Summary

Eexcutive Summary

Eexcutive Summary

Voting Procedures

F.A.Q.

FAQ

F.A.Q.

F.A.Q.

Comprehensive Token Economic Model for PACT Foundation v0.01

The PACT Foundation supports a decentralized financial ecosystem dedicated to bridging lending origination in emerging markets with capital access in developed markets by supporting the development of the PACT protocol. By leveraging blockchain-based technology and strategic partnerships, PACT aims to transform the private credit markets by introducing a transparent, standardized, and efficient lending framework. Our protocol enables secure and transparent lending, where RWAs are tokenized and originated natively on-chain, providing lenders and borrowers with a decentralized platform for financing. The natural demand for credit drives wallet creation, giving us an opportunity to reach a huge, currently underserved user base around the world, which can then be leveraged to offer new products to drive protocol engagement and fees. $PACT is a governance and rewards token developed to support a decentralized, on-chain real-world asset (RWA) lending protocol. We want to encourage long term holding of PACT in the ecosystem, and have incentives to stake for longer periods. When staking, holders receive a synthetic token, vePACT, which gives governance rights and enables them to receive periodic rewards determined by the protocol.

Comprehensive Token Economic Model for PACT Foundation v0.01

The PACT Foundation supports a decentralized financial ecosystem dedicated to bridging lending origination in emerging markets with capital access in developed markets by supporting the development of the PACT protocol. By leveraging blockchain-based technology and strategic partnerships, PACT aims to transform the private credit markets by introducing a transparent, standardized, and efficient lending framework. Our protocol enables secure and transparent lending, where RWAs are tokenized and originated natively on-chain, providing lenders and borrowers with a decentralized platform for financing. The natural demand for credit drives wallet creation, giving us an opportunity to reach a huge, currently underserved user base around the world, which can then be leveraged to offer new products to drive protocol engagement and fees. $PACT is a governance and rewards token developed to support a decentralized, on-chain real-world asset (RWA) lending protocol. We want to encourage long term holding of PACT in the ecosystem, and have incentives to stake for longer periods. When staking, holders receive a synthetic token, vePACT, which gives governance rights and enables them to receive periodic rewards determined by the protocol.

Comprehensive Token Economic Model for PACT Foundation v0.01

The PACT Foundation supports a decentralized financial ecosystem dedicated to bridging lending origination in emerging markets with capital access in developed markets by supporting the development of the PACT protocol. By leveraging blockchain-based technology and strategic partnerships, PACT aims to transform the private credit markets by introducing a transparent, standardized, and efficient lending framework. Our protocol enables secure and transparent lending, where RWAs are tokenized and originated natively on-chain, providing lenders and borrowers with a decentralized platform for financing. The natural demand for credit drives wallet creation, giving us an opportunity to reach a huge, currently underserved user base around the world, which can then be leveraged to offer new products to drive protocol engagement and fees. $PACT is a governance and rewards token developed to support a decentralized, on-chain real-world asset (RWA) lending protocol. We want to encourage long term holding of PACT in the ecosystem, and have incentives to stake for longer periods. When staking, holders receive a synthetic token, vePACT, which gives governance rights and enables them to receive periodic rewards determined by the protocol.

Comprehensive Token Economic Model for PACT Foundation v0.01

The PACT Foundation supports a decentralized financial ecosystem dedicated to bridging lending origination in emerging markets with capital access in developed markets by supporting the development of the PACT protocol. By leveraging blockchain-based technology and strategic partnerships, PACT aims to transform the private credit markets by introducing a transparent, standardized, and efficient lending framework. Our protocol enables secure and transparent lending, where RWAs are tokenized and originated natively on-chain, providing lenders and borrowers with a decentralized platform for financing. The natural demand for credit drives wallet creation, giving us an opportunity to reach a huge, currently underserved user base around the world, which can then be leveraged to offer new products to drive protocol engagement and fees. $PACT is a governance and rewards token developed to support a decentralized, on-chain real-world asset (RWA) lending protocol. We want to encourage long term holding of PACT in the ecosystem, and have incentives to stake for longer periods. When staking, holders receive a synthetic token, vePACT, which gives governance rights and enables them to receive periodic rewards determined by the protocol.

Eligibility

Only PACT token holders are eligible to vote. This ensures that those who have a stake in Pact.Foundation have a say in its governance and decision-making processes. The voting power of each participant is proportional to the number of PACT tokens they hold.

Platform

Voting is conducted on Snapshot, a decentralized and off-chain voting platform. Snapshot allows us to carry out votes without incurring transaction fees, making the process efficient and accessible. Here’s how it works:

How voting works on SnapShot

1 · Connecting Wallets

PACT token holders connect their cryptocurrency wallets (such as MetaMask) to the Snapshot platform. This allows the platform to verify their token holdings.

2 · Snapshot Block

When a proposal is created, a snapshot block captures PACT holders’ token balances at a specific block height, determining voting eligibility and power.

3 · Casting Votes

All PACT holders can vote on Snapshot. Each vote is weighted by the number of tokens held at the snapshot block.

4 · Off-Chain Voting

Votes are recorded off-chain, meaning they are not written to the blockchain. This eliminates transaction fees and allows for a faster and more efficient voting process.

5 · Tallying Results

Once the voting period ends, the results are automatically tallied by Snapshot. The outcome of the vote is determined by the total voting power assigned to each option.

6 · Transparency and Integrity

The voting process is transparent, allowing voters to see the votes cast and verify their own, ensuring trust and integrity.