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WIP core values and memorandums #16

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WIP core values and memorandums #16

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32 changes: 24 additions & 8 deletions README.md
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Expand Up @@ -118,6 +118,17 @@ provisions of this Constitution.
Every Citizen allows the Governance of the Cosmos Hub to restrict their staked
ATOM property by partial or full slashing according to their voting activity.

The Core Values of the Cosmos Hub are transparency, accountability, honesty,
(BFT) robustness, security, and simplicity.

Every Cosmonaut allows any other Cosmonaut to create full or partial airdrops
of new tokens to any chain using the distribution of any token on the Cosmos
Hub at any time.

Every Citizen allows any Cosmonaut to modify their pro-rata of their airdrop
portion by partial or full slashing based on their cryptographic voting
activity according to well defined principles at any time.

## Part 2 Governance

### Article 2.A. The Cosmos Hub Chain
Expand Down Expand Up @@ -151,15 +162,16 @@ weeks of voting after the minimum quorum has been met.

TODO: fill in rules of cosmoshub4 governance.

### Article 2.C. Air-drops and forks
### Article 2.C. Memorandums

Every Cosmonaut allows any other Cosmonaut to create full or partial airdrops
of new tokens to any chain using the distribution of any token on the Cosmos
Hub at any time.
The same system as that of governance proposals may be used to pass or reject
memorandums that shall have no effect upon the governance of the system.

Every Citizen allows any Cosmonaut to modify their pro-rata of their airdrop
portion by partial or full slashing based on their cryptographic voting
activity according to well defined principles at any time.
Memorandums may be used to notify Cosmonauts of behavior from validators and
key executives of validators, as well as prominent members of the Cosmos Hub,
of behavior that violates the Core Values of the Cosmos Hub. Voting should
depend solely on the evidence provided on the memorandum proposal. Incomplete
proposals should be rejected with a NWV vote.

### Article 2.D. Treasury DAOs

Expand Down Expand Up @@ -310,7 +322,7 @@ ATOMs, and shall be sent to the Community Pool.
The Common Pool Tax rate shall initially be 2%, but can be increased up to 50%
by two thirds supermajority of the Cosmos Hub governance.

### Article 2.F. The Interchain Security (ICS) Systems
### Article 3.F. The Interchain Security (ICS) Systems

While the ATOM is the only token allowed for staking on the Cosmos Hub, thereby
allowing validators to also partake in ICS2 hosting of Consumer Chains, the
Expand All @@ -336,6 +348,10 @@ voting through the PHOTON shall be represented by a distribution of choices.
Staking token holders of the zone who abstain or do not vote must also count
toward non-voting (rather than the ABSTAIN option) on the Cosmos Hub.

### Article 3.E. The Crypto Court System

TODO add details of ICS1/ICS2 and custom court procedure.

## Part 4 Final Dispositions

## Article 4.A. Updates to the Cosmos Hub
Expand Down