FAQ
Romulus is a platform to enable on-chain governance. Any Celo protocol that uses a voting token (e.g. UBE) can create a governance through Romulus. Being on-chain means proposals through Romulus have no dependency on the protocol's team. If a protocol's community decides it is a good idea to grant a bounty to a community member, the community does not need any external approval of the idea as long as such a proposal is voted to pass by the community.
If your token supports voting (e.g. UBE), we highly encourage the creation of governance through Romulus for a few reasons:
- 1.Leverage security and reliability of a working system rather than reinvent a new one
- 2.Quickly create a governance system: both smart contracts and interface
- 3.Use a platform that will become more familiar to other Celo users as more protocols adopt Romulus
Last modified 2yr ago