Governance

Current Operations

During the growth phase, the protocol operates with centralized governance:

Aspect	Current Approach
Decision Making	Core team
Smart Contract Upgrades	Multi-sig controlled
Risk Parameters	Team with community input
Treasury	Team managed

This ensures rapid iteration and response to issues while the protocol establishes product-market fit.

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Progressive Decentralization

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Phase 1: Team Governance (Current)

Aspect	Implementation
Decisions	Made by core team
Community Input	Forums, Discord, feedback
Transparency	Public announcements
Multi-sig	3-of-5 for contract changes

How to Participate Now

• Join Discord discussions

• Provide feedback on proposals

• Report issues and suggestions

• Participate in community calls

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Phase 2: Token Voting

Aspect	Implementation
Proposal System	Token holders submit proposals
Voting	TPT-weighted voting
Quorum	Minimum participation required
Team Veto	Reserved for security issues

Proposal Process

1

Discussion

Community discusses the idea.

2

Draft

Formal proposal is written.

3

Review

Team reviews feasibility.

4

Vote

Token holders vote.

5

Implementation

Team executes if passed.

Voting Parameters (Proposed)

Parameter	Value
Voting period	5-7 days
Quorum	[TBD]% of staked TPT
Pass threshold	>50% approval
Time-lock	48 hours post-approval

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Phase 3: Full DAO

Aspect	Implementation
On-chain Execution	Approved proposals execute automatically
Treasury Control	DAO controls protocol treasury
No Team Veto	Community has final say
Elected Councils	Specialized committees

DAO Structure (Vision)

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Governance Scope

Token holders will eventually govern:

Parameter	Description	Phase
Fee Rates	Platform fees for listings and settlements	Phase 2
Risk Thresholds	Exposure limits, debtor requirements	Phase 2
Asset Classes	Approval of new asset types	Phase 2
Treasury	Allocation of protocol revenue	Phase 3
Upgrades	Smart contract modifications	Phase 3

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Governance Principles

Transparency

• All proposals public

• Voting results on-chain

• Discussion forums open

Inclusivity

• Any token holder can propose

• Low barriers to participation

• Multiple discussion channels

Security

• Time-locks on changes

• Emergency procedures

• Gradual rollout of powers

Accountability

• Clear roles and responsibilities

• Regular governance reports

• Elected positions have terms

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Timeline

Milestone	Target
Phase 1 (Current)	Now
Community forums launch	Q1 2026
Phase 2 voting begins	Q3 2026
DAO structure proposal	Q4 2026
Phase 3 transition	2027

Governance timeline is subject to change based on protocol maturity and community readiness.