Pentonium is providing fully functional transparent governance system, that is Marshal, which will protect both client and service provider from any kind of fraud.
Marshals know about the subject, have worked in the industry and bring with them vast quantities of experience in that particular field. Once chosen, marshals are tasked with examining the evidence before voting in an A/B manner for the party they believe correct.
Becoming a Marshal
To become a marshal, you need to stake at least 1,000 PTM tokens in the vault contract. After the staking, you will need to open a proposal on why the community should vote and accept you as a marshal. If the majority of the votes approve your position as a marshal, you will be automatically approved on the marshal contract. If you are voted against as a marshal, you can simply stake PTM tokens and get rewarded. The more PTM they deposit, the more likely they will be chosen to arbitrate.
Marshal Reward
Marshals will be rewarded from the fee charged for the dispute resolution and the commission against their DeFi holdings.
Marshal Rating
Marshals are rated based on the feedback from the traders and successful operations handled. This helps eliminate the bad from the good. If a marshal misses more than 3 summons, 50 PTM will be deducted from his staked account.
Also once a marshal’s staked tokens amount goes below 1,000 PTM, the marshal will be disabled from being summoned and thus will not be rewarded.
In extreme cases, marshals can be blacklisted, in rare situations like this, the marshals will lose all their staked PTM tokens.
About Pentonium
Pentonium is a decentralized freelancing platform that will create a global market for freelance talent
offering crypto-related services like solidity development, community management, exchange listings
related services and many more.
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