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Protocol Policies: These policies govern the overall behaviour of the protocol and the entities belonging to it. They regulate specific aspects of the protocol related to safety, economics and expansion.
The Risk Policies define the set of rules that ensure the safety and protection of the protocol and the users participating in it. Risk Policies include, but are not limited to, decision-making for:
- Cybersecurity: Protection against cyber-attacks, hacking, phishing, and DDoS attacks, which can lead to the theft of digital assets, loss of data, or damage X528's reputation.
- Assets or networks compatible for integration within X528: The list of assets or networks for which risk is deemed acceptable for the safety of the protocol.
- Operational: The need to maintain robust and reliable IT infrastructure, customer support, and anti-money laundering (AML) and know-your-customer (KYC) policies to provide a safe and smooth trading experience for customers.
Protocol improvement policies define the rules which drive protocol improvements and outline how they are applied to the ecosystem, including but not limited to:
- Smart Contracts
- Governance processes
- Governance contracts
- Safety Module
- X528 Token contract
Community Incentives Policies define the rules under which token and staking incentives in X528 are generated. Financial and non-financial incentives may be used to shape behaviours within the ecosystem to achieve governance goals. The governance goals of X528 are to ensure the safety of the X528 Protocol, effective governance by stakeholders, and proper incentives in order to drive innovation and long-term growth of the ecosystem.