Governance

• Governance rights are granted exclusively to staked $EITHER. Passive holders carry no voting power

• Decisions cover roadmap priorities, protocol integrations, fee parameters, marketplace rules, and treasury spending

• A minimum quorum threshold is required for any vote to be valid, preventing low-turnout governance capture

• Protocol upgrades require a 60% supermajority vote to pass

• All passed governance decisions are subject to a 48-72 hour execution delay, providing the community a response window before changes take effect

• An Emergency Guardian Council holds veto power over decisions that pose an immediate security or financial risk to the protocol. Guardian positions are governed by community vote on a 12-month rotation

• Treasury spending via governance is capped at 2% of treasury per vote