User:Klinkplink/Shareholder Nomic: Difference between revisions
miraheze>Klinkplink m →$RULE: Rules: splitting body of text / symbol into two different sentences bc they were really long |
miraheze>Klinkplink →$SHR: Rule Shares: clarifying that the most recent owner gets the rewards not the creator |
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== $SHR: Rule Shares == | == $SHR: Rule Shares == | ||
For each rule, there is a class of fungible items representing shares of ownership of that rule. When a new rule is created by a proposal, the | For each rule, there is a class of fungible items representing shares of ownership of that rule. When a new rule is created by a standard proposal, the most recent owner of that proposal gains 6 shares of the rule, and the Bureau of Business gains 4 shares of the rule. When a standard proposal takes effect, for each rule that it alters, a share of that rule is created in the possession of the most recent owner. | ||
If an entity owns more than half of the shares of a rule, they are considered the Majority Shareholder for that rule. If a proposal contains an amendment that would modify an existing rule, the Majority shareholder of the rule can issue a Shareholder Veto on the proposal by stating their intent to do so in #shareholder-veto, raising the required vote percentage to two thirds. If the proposal has not been withdrawn by the end of its voting period, the Majority shareholder must give 1 share of the rule to the Bureau of Business. | If an entity owns more than half of the shares of a rule, they are considered the Majority Shareholder for that rule. If a proposal contains an amendment that would modify an existing rule, the Majority shareholder of the rule can issue a Shareholder Veto on the proposal by stating their intent to do so in #shareholder-veto, raising the required vote percentage to two thirds. If the proposal has not been withdrawn by the end of its voting period, the Majority shareholder must give 1 share of the rule to the Bureau of Business. | ||