Next Stage — The $POOL Governance Model

As the ecosystem matures, control transitions toward token-weighted participation through $POOL Governance.

Staked $POOL holders become the core voting body governing both economic and strategic protocol parameters.

Voting Rights

  • Eligibility: Only staked $POOL qualifies for voting; unstaked tokens have no governance weight.

  • Weight Function: Voting power scales with the square root of staked amount (√model) to prevent whale domination.

  • Delegation: Holders may delegate votes to trusted addresses without unstaking.

  • Snapshot Voting: Each proposal uses a block-height snapshot of staked balances to prevent flashloan manipulation.

Proposals & Parameters

Tokenholders can propose and vote on:

  1. Agent Management

    • Whitelisting or delisting community Agents.

    • Approving new strategy submissions from partners.

  2. Emission Schedules

    • Adjusting staking or referral emission decay rates.

    • Deciding how unused rewards roll forward to future epochs.

  3. Integration & Expansion

    • Approving new execution venues.

    • Expanding to new chains or trading asset classes.

  4. Governance Upgrades

    • Transitioning from Council to DAO.

    • Ratifying changes to voting contracts or frameworks.

Proposal Lifecycle

  1. Draft Phase

    • Proposal authored by any former council member with ≥10,000 staked $POOL or equivalent delegated votes.

    • Drafts hosted on the Darkpool Forum (snapshot/tally) for discussion (off-chain phase).

  2. Submission Phase

    • Proposal submitted on-chain with deposit (100 $POOL) to deter spam.

    • 48-hour warm-up before voting opens.

  3. Voting Phase

    • 5-day voting window.

    • Each staked address casts weighted votes.

    • Quorum = 10% of total staked supply; approval threshold = simple majority (>50%).

  4. Execution Phase

    • Passed proposals queued in the Governance Timelock (48h).

    • Council executes via permissioned executor until full DAO control is live.

  5. Post-Execution Review

    • Proposal results and treasury effects logged publicly.

    • Failed or expired proposals have deposits refunded minus gas.

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