Your coins give you a voice in how OmniBazaar is run

OmniBazaar is run by the people who use it. That includes you. Your OmniCoin (XOM) gives you a vote. Every coin you hold is a say in how the platform changes.

You decide how the platform changes.

Changes happen through proposals. A proposal is a plan for a change — a fee change, a new feature, or a rule update. Anyone can put one forward. You vote on it three ways:

• For — you want the change.
• Against — you do not want it.
• Abstain — you take part, but you do not pick a side.

The side with more votes wins.

Your staked coins count toward your vote.

The more OmniCoin you hold, the stronger your vote. Coins you have staked — locked up to help keep the network secure — also count toward your voting power. Staking commits your coins and earns you a return. Those same coins give you a louder voice.

Imagine a proposal asks whether to lower a fee. You hold 1,000 XOM. You read it, you agree, and you vote For. Your 1,000 coins are counted along with everyone else’s.

Rules that keep it fair.

Two rules stop any one person from controlling the outcome:

• A 4% quorum. At least 4% of all votes must take part before a proposal can pass. This keeps a tiny handful from deciding for everyone.
• A 7% cap per address. No single address can control more than 7% of the vote. This is a voluntary on-chain commitment — a rule written into the system itself, so no single holder can dominate.

Two treasuries, two jobs.

OmniBazaar is run in two parts:

• The community runs the platform. You and other holders vote on how the platform works — its fees, features, and rules.
• The development company runs its own money. The company that builds OmniBazaar (called ODDAO) manages a separate treasury for its own work: development, audits, and grants. It cannot touch the community’s funds, and the community does not run the company’s treasury. The two stay separate.

An honest note.

Today, few people hold the coin. So most proposals still come from the founders. That is normal at the start. As OmniCoin spreads to more holders, more proposals will come from the community — including from you.

Open the app — free, nothing to install.