> For the complete documentation index, see [llms.txt](https://docs.eitherway.ai/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.eitherway.ai/token/utility/governance.md).

# 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