Consensus & Guardianship

Consensus Mechanism

Consensus is a general agreement about something: an idea or opinion that everyone shares in a group or community.
A consensus mechanism is a fault-tolerant mechanism used in computer and blockchain systems to achieve the necessary agreement on a single data value or a single state of the protocol among distributed processes or multi-agent systems, such as with community, investors, and stakeholders.

Guardianship System

The Capx Platform designates a Guardian address capable of disabling protocol functionality. Used only in the event of an unforeseen vulnerability, the Guardian has the ability:
  • Disable a select set of functions of the protocol: Trade, Borrow, Lend, Lock, Withdraw and Liquidate.
  • Cancel a proposal before its execution.
The Capx Genesis team would initially control Guardian and later transition into a community voting mechanism, i.e., CAPX token-holders designate the Guardian address, which the Community Multi-Sig holds.
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Consensus Mechanism
Guardianship System