🏛️Governance

The governance of the $PAIRED token will adhere to a community-oriented, polycentric approach. The PairedWorld Foundation, a non-profit organisation, will lead in nurturing and growing the PairedWorld ecosystem.

In the initial stages, the Foundation will appoint council members to govern the ecosystem's operational and strategic aspects. This includes making decisions about platform upgrades, governance policies, partnerships, and tokenomics. The Foundation's Governing Council Board is an independent entity with the privilege of self-election. This empowers $PAIRED token holders to suggest candidates or initiatives through governance, offering valuable input and influence. While the token holders don't exercise direct control over the Board's election or re-election, their participation shapes the decision-making process. In essence, the governance property of $PAIRED is "soft" and advisory, fostering collaborative decision-making rather than absolute directive authority.

Nonetheless, the Foundation commits to honouring and implementing the community's recommendations as long as they align with the Foundation's overall principles and objectives. Through this democratic and transparent governance structure, the PairedWorld Foundation empowers the community to indirectly shape the token and its ecosystem, ultimately promoting long-term sustainability and success. This community-driven model ensures that the governance of the PairedWorld ecosystem stays true to its vision of equitable participation and collaboration.