Echo Community Foundation
Community-Driven Governance
The Echo Community Foundation (ECF) holds 30% of the total ECHO Token supply, fostering long-term sustainability and decision-making through transparent, proportional governance.
Foundation Overview
The ECF serves as a vital governance entity, allocating yield from ECHO Tokens to strategically chosen initiatives voted upon by the community.
300M ECHO Tokens
The ECF holds 30% of the ECHO supply, strictly governed from inception. Community input directs all token yield allocation.
Cannot sell ECHO tokens- Receives yield in stablecoins
- Subject to vesting schedule
Proportional Voting
Every quarter, the community votes on funding decisions. Each individual governs funding allocations proportional to their holdings with minimum participation required.
- One token, one vote
- 5% minimum vote threshold
- Quarterly cycles
Legal Foundation
Registered and overseen by specialized Isle of Man legal counsel, this legally-incorporated structure ensures regulatory compliance and enforceable outcomes.
- Regulatory compliant
- Transparent operations
- Enforceable governance
Strategic Funding Categories
The ECF Council selects one initiative in each strategic category for quarterly community voting, with yield allocation occurring proportionally based on votes received.
Growth & Marketing
User acquisition, partnerships, and branding campaigns to increase user base and reach target volume and liquidity metrics. Strategic partnerships and yield farming campaigns.
Social Impact & Philanthropy
Community support, charitable donations, and education in progressive and regulation- compliant programs. Ecosystem programs, charitable contributions, and community incentives.
Asset Accumulation & Treasury
Strategic investments and yield-bearing assets for financial stability and resilience. Strategic partnerships, investment, treasury diversification, and hedging strategies.
Product & Ecosystem Development
Platform features, enhancements, and integrations to improve functionality and value. Feature rollouts, Platform features, ecosystem integration, and development.
Research & Innovation
Technology R&D, market analysis, and innovation projects for competitive advantage. External initiatives, Technical research, market analysis, and partnerships.
Quarterly Voting Process
Every quarter, the ECF Council presents one initiative per category for community voting, with a 5% minimum vote threshold for funding allocation.
Yield Allocation Example
Quarterly yield of $1,000,000 distributed proportionally
5% Minimum Vote Threshold: Any category receiving less than 5% of total votes should not receive an allocation unless meaningful resource allocation.
ECF Council Governance
The ECF Council executes responsible governance, transparency, and accountability, with the community maintaining a meaningful role for strategic oversight.
Council Responsibilities
- Oversight and execution of community resolutions
- Selection of quarterly initiatives for community voting
- Ensuring transparency and accountability
- Quarterly reporting to the community
Transparency & Reporting
- Clear, organized quarterly reports to the community
- Detailed progress on funded initiatives
- Financial reporting across five strategic categories
- Continuous improvement and accountability measures