Phoenix Gold Network
  • Introduction
  • PGN Foundations
    • Decentralized Gold Custody
    • Smart Contract Infrastructure
    • Phoenix Gold Coin
  • Decentralized Custody
    • Layer 1
    • Layer 2
    • Layer 3
    • Security Measures
  • Phoenix Cyphers
    • Cyphers as NFTs
    • Multifaceted Utility of Cyphers
    • Staking and Rewards
    • Redemption for Physical Gold
    • Spending and Burning
    • Secondary Market
    • Cypher Security and Wallet Integration
  • Nodes and Custodians
    • Custodians
    • Nodes
    • Incentives and Governance
    • Become a Custodian
  • Cypher to Gold Process
    • Redemption Workflow
    • Discovering Gold Shops
    • Redemption Via Smart Contract
    • Receipts and Blockchain Records
  • PGN Liquidity Services
    • Instant Cypher Sale
    • Liquidity Pool Management
  • Facilitating Gold Commerce
    • Pay with Gold
    • Accept Payment in Gold
  • Phoenix Gold Coin (PGC)
    • Governance and DAO Participation
    • Priority Access
    • Priced in PGC
  • PGC Distribution Model
    • Tokenomics
    • Cypher Melting
    • PGC Virtual Mining
  • Technical Infrastructure
    • Blockchain and Smart Contracts
    • Security and Scalability Features
    • Integration with Polygon
    • The Phoenix Web3 App
    • User Interface and Experience
  • Community Governance
    • The DAO Structure
    • Voting Mechanisms
    • Transparency and Accountability
  • FAQs
    • What is the Phoenix Gold Network (PGN)?
    • How do I buy Cyphers?
    • Can I redeem my Cyphers for physical gold?
    • How does PGN ensure the security of my gold?
  • Getting Started
  • Glossary
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  1. Community Governance

Transparency and Accountability

Transparency and accountability are central tenets of PGN's governance model. The network is committed to providing clear, accessible information about its operations, decision-making processes, and financial status. All proposals, voting results, and changes to the network are recorded on the blockchain and are publicly accessible, ensuring that community members can review and audit the network's activities at any time. This level of transparency builds trust within the community and holds the network's administrators accountable for their actions.

Moreover, PGN encourages active dialogue and feedback from its community through various channels, including forums, social media, and community meetings. This engagement ensures that the governance process is not only transparent but also inclusive, reflecting the diverse views and interests of the PGN ecosystem.

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Last updated 1 year ago