We are really grateful for your response. We didn’t expect that much response. We selected 20 out of 100 people. They will be notified by mail or telegram for further instructions, agreements and requirements.
At the same time, XID Network’s "Influencer & Ambassador Program" application process has been announced to be completed.
Stay tuned, for further guidance.

At XID, our goal is to create financial infrastructure that applications and developers can rely on, forever. To get there, we intend to fully decentralize the XID Network — removing the largest single point of failure (our team), and creating an indestructible, open protocol that can evolve in entirely new ways.
We’re proud to introduce a governance system that will replace the XID Network’s administrator with community governance — allowing you to suggest, debate, and implement changes to XID — without relying on, or requiring, our team whatsoever.

The XID Network governance token

Participation starts with the XID Network governance token, XID.
In addition to being a standard BEP-20 asset, XID allows the owner to delegate voting rights to the address of their choice; the owner’s wallet, another user, an application, or a DeFi expert. Anybody can participate in XID governance by receiving delegation, without needing to own XID. The token also includes code to query an address’ historical voting weight, which is useful for building complex voting systems.
We hope that XID can set the standard for how governance tokens operate, and our team will write an Ethereum Improvement Plan (similar to the BEP-20 standard) to accelerate decentralization for the entire ecosystem.

Community, not centralized, decisions

We’ve designed a simple governance framework so that you can easily participate in shaping the direction of XID. Here’s how it works: Anybody with 1% of XID delegated to their address can propose a governance action; these are simple or complex sets of actions, such as adding support for a new asset, changing an asset’s collateral factor, changing a market’s interest rate model, or changing any other parameter or variable of the protocol that the current administrator can modify.
Proposals are executable code, not suggestions for a team or foundation to implement. All proposals are subject to a 3 day voting period, and any address with voting power can vote for or against the proposal. If a majority, and at least 400,000 votes are cast for the proposal, it is queued in the Timelock, and can be implemented after 2 days.

And if you don’t like the governance framework, great! You can vote to replace it with a new model.