Governance
Governance Framework
Transparent | Accountable | Community-Driven
This governance framework is under active development. Specific processes, timelines, and partnerships are subject to change based on community feedback and resource availability. Future governance versions will be cryptographically timestamped on-chain for transparency.
Decision Making
Transparent, inclusive, and structured proposal processes designed for informed community-driven decisions, ensuring alignment with protocol goals.
Proposal Lifecycle:
01
Submission
Proposals require 100+ tokenholders’ support, technical specifications, and impact analysis. Submitted via Tally/Snapshot (URL pending).
02
Review
Technical Audit: 7 days, Halborn Security
Legal Review: 5 days, Perkins Coie LLP. Planned partnerships subject to final agreements.
03
Voting Mechanics
Voting lasts 7 days with real-time progress tracking planned for future dashboard integration.
04
Implementation
Executed within 10 business days following approval, tracked transparently on GitHub.
Transparency
Ongoing, clear, and detailed disclosure of financial management, auditing, and operational decisions ensures stakeholder trust.
01
Financial Reporting
Weekly Treasury Snapshots:
Published every Friday at 5 PM ET
02
Audits
Quarterly code audits by OpenZeppelin.
Biannual financial reviews by KPMG. Future audits and bounties will be funded through treasury allocations post-launch.
Project Updates
03
Live Roadmap
Interactive, real-time updates include developer commentary and community-driven vote integration.
04
Town Halls
Held biweekly, consisting of 30-minute project updates and 45-minute community Q&A sessions. Recordings and timestamped transcripts provided.
Safeguards
Protecting the integrity of the protocol and the interests of the community through structured processes and independent oversight.
Emergency Measures
01
Multisig Freeze
Immediate critical-action freeze capability through a 5-of-7 multisignature wallet (3 core team + 4 community).
02
48-hour Veto:
Tokenholders maintain the ability to veto emergency actions within 48 hours, requiring a 25% consensus.
03
Dispute Resolution
Initial Response: Preliminary responses provided within 24 hours via support@miku.nyc or Telegram governance bot.
Mediation:Unresolved issues are mediated by the community jury using Aragon Court.
Escalation:Binding arbitration for disputes exceeding $25,000 conducted through CodeX Stanford under Delaware law.
Treasury
Strategically managed funds ensuring the long-term sustainability and responsiveness of the governance structure.
01
Current Asset Allocation
To be determined post-launch
02
Codebase Audits
Quarterly security audits by OpenZeppelin
Financial Reviews: Semiannual financial audits by KPMG. Future audits and bounties will be funded through treasury allocations post-launch.
Compliance
Ensuring strict adherence to global regulatory standards and guidelines to mitigate risk and foster trust.
Regulatory Adherence
01
U.S.
FinCEN MSB Registration planned
02
EU
MiCA Compliance Certificate planned. Compliance efforts are exploratory and subject to evolving regulations
03
Global
Compliance with FATF Travel Rule protocols planned
04
Risk Advisory
Participation involves market, regulatory, and technical risks. Users should consult independent advisors. Past performance does not guarantee future results.
Roadmap
Structured timeline detailing governance milestones to achieve progressive decentralization and enhanced community control.
2025
Milestones
Q3
Launch Cross-Chain Governance on Ethereum and Polygon
Q4
Migrate 50% governance functions to Aragon DAO infrastructure
2026
Milestones
Q1
Full On-Chain Governance via Zodiac Reality integration
Q3
Community-driven elections for the advisory board positions
Participation
Empowering community stakeholders through structured channels, incentives, and delegated representation.
01
Engagement Channels
Governance discussions and biweekly AMAs will be hosted via our official community channels (details forthcoming).
02
Delegated Voting
Community members can delegate voting power to verified governance experts listed via the Tally governance portal.
03
Community Incentives
Voter Rewards: Active voters receive a 0.1% APY boost per proposal voted upon.
Bounties: Up to $10,000 available for critical bug reporting. Future audits and bounties will be funded through treasury allocations post-launch.
Glossary
Clarified governance-specific terminology to ensure understanding and informed participation.
Version Control