Process
How BMZ Staking & Swapping Works
Step 1
Issuers and Participants Hold BMZ
Issuers, institutions, and ecosystem participants hold BMZ tokens to access governance and platform participation.
Step 2
BMZ Is Staked on the Governance Platform
BMZ is staked through the governance staking interface to signal long-term commitment to the ecosystem.
Step 3
GBMZ Is Issued at a 1:1 Ratio
For every BMZ staked, an equivalent amount of governance-backed GBMZ is issued.
Step 4
GBMZ Enables Governance Participation
GBMZ is used to vote on proposals through the DAO using a Quadratic Voting mechanism.
Step 5
Tokens Are Locked for Governance Integrity
Staked BMZ and issued GBMZ remain locked for 15 days to ensure responsible participation.
Step 6
Unstake or Continue Participation
After the lock-in period, participants may swap GBMZ back to BMZ at a 1:1 ratio or continue participating in governance.
Governance Designed to Prevent Concentration of Power
Blockmaze governance uses a Quadratic Voting model, where voting influence increases at a decreasing rate as more tokens are used, preventing any single participant from dominating decisions. For issuers, this reduces governance capture risk and ensures that protocol changes, market rules, and listing policies reflect broad consensus rather than concentrated power, creating a more stable and institution-friendly governance environment.
Lock-In & Unswap Rules

