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> # LasseCash: Post-Magi Migration Governance Protocol
>
> The voting system is designed to allocate future inflation for new products based on staked votes. This mechanism incentivizes the development of superior blockchain products such as the "Decentral video service," the "LasseCash Referral System," the "Certificate of deposit" (based on the HEX model with a shorter timeframe), the "LasseCash Lending Protocol," and much more—only time will tell what new innovations will emerge. We can build better solutions using any programming language with zero fees within the MAGI/HIVE/LASSECASH ecosystem created for this purpose.
>
> ### Technical Specification
>
> Active Governance Weight (AGW): Voting power is calculated only from tokens that participate in a "Heartbeat" staking cycle.
>
> Heartbeat Mechanism: To maintain active voting status, a stake must be refreshed (via a simple "Keep-Alive" transaction or by voting) at least once every 180 days.
>
> Dormancy Rule: Stakes with a last_action_timestamp older than 180 days are automatically excluded from the Active_Voting_Pool and quorum calculations.
>
> Supermajority Voting:
> * Quorum: A proposal requires participation from at least 20% of the total Active_Voting_Pool.
> * Approval: Proposals must receive support from >66.7% of votes cast by the participating quorum.
>
> Automated Inflation Streams:
> * Product-Ready Focus: Inflation is strictly reserved for reward systems within completed, ready-to-launch products; it is not for funding development costs, as this creates improper incentives.
> * Immutable Vaults: Approved proposals are routed to an immutable, pre-defined Smart Contract "Vault" address provided by the proposer.
> * Automated Execution: The protocol executes an automated mint or transfer function to distribute the approved percentage of the annual inflation directly to the project Vault. Human intervention is not required once the proposal is passed.
>
> Budgetary Integrity: The protocol enforces an "Inflation Stream" limit; the total sum of all approved project streams cannot exceed the annual "Voting Allocation" percentage.
>
> Halving Integration: The inflation cap adheres to the pre-programmed 3-year halving mechanism, ensuring long-term scarcity.
>
> ---
> Developer Note: The system is intended to be trustless and immutable. Once a proposal passes, the inflation stream begins automatically, ensuring that even if founder keys are lost, the protocol remains functional and self-governing.
For more details on the DESIGN: LasseCash Inflation Allocation Voting System (Detailed Post)
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Lasse Ehlers
Posted using LasseCash