Governance Powers

Community governance has the power to control the value accumulation and distribution of the protocol.
  • Adjust protocol fees
  • Protocol fund management: manage funds in the protocol, including custody, use, and distribution.
  • Protocol upgrades: upgrade the protocol, fix bugs, and add new features.
  • Resolve the use and distribution of the community treasury.
Governance can also execute these on-chain functions:
  • Time lock: setting and adjusting time locks.
  • Governance parameters: such as voting cycles, threshold requirements, proposal approval methods, etc.
  • More: based on the specific protocol, propose appropriate governance proposals to better achieve the protocol's goals.