Governance Framework
Governance at Yieldra is designed to evolve in phases, gradually decentralizing decision making and treasury control to the community. This approach allows the protocol to remain agile in its early stages while laying the foundation for a sustainable, community-governed ecosystem.
Phase 1 – Guided Governance
At launch, proposals will be introduced by the Yieldra team to establish clear direction and operational stability. Proposals will be published on Discourse for structured discussion, with additional community feedback facilitated through channels like Telegram. Voting outcomes will guide the implementation of key features and upgrades, but the team is NOT bound by proposal outcomes.
Phase 2 – Community Proposals
As the ecosystem matures, the ability to create proposals will expand to the broader community. This phase ensures that builders, liquidity providers, and token holders can formally contribute to protocol development. Governance processes will be refined to balance accessibility with the need for high-quality, actionable proposals. The team is NOT bound by proposal outcomes.
Phase 3 – Full DAO Treasury & Parameter Control
In later stages, the protocol treasury and key DAO parameters (e.g., fees, revenue share, incentive structures) will transition to full DAO control. All treasury transactions will remain on-chain and transparent, with governance mechanisms ensuring funds are allocated in line with the long-term health of the ecosystem. The team IS bound by proposal outcomes.
Principles of Governance Evolution
Progressive decentralization: A measured handover from team-guided to community-driven governance.
Transparency: All discussions, proposals, and treasury movements will be publicly verifiable.
Accountability: Governance actions are bound by on-chain execution to minimize ambiguity.
Sustainability: Frameworks and parameters are designed with the long-term growth of Yieldra in mind.
Last updated