Governance Overview
This page provides an overview of the governance system that powers RWAPool, including its structure, participants, and decision-making processes.
Governance Philosophy
RWAPool is governed by a decentralized autonomous organization (DAO) that enables token holders to collectively manage the protocol. The governance system is designed with several core principles:
- Decentralization: Distributing decision-making power across the community
- Transparency: Ensuring all governance actions are visible and auditable
- Inclusivity: Allowing all stakeholders to participate in governance
- Security: Protecting the protocol from malicious governance actions
- Efficiency: Enabling timely decision-making while maintaining security
Governance Token
The RWAPool governance token (RWA) is the cornerstone of the governance system:
- Token Standard: ERC-20 on Ethereum, with cross-chain bridges to other networks
- Total Supply: 100,000,000 RWA
- Token Utility:
- Voting on governance proposals
- Staking for enhanced voting power
- Earning a share of protocol fees
- Participating in liquidity mining programs
Token Distribution
Allocation | Percentage | Tokens | Vesting |
---|---|---|---|
Community Treasury | 40% | 40,000,000 | Controlled by DAO |
Team & Advisors | 20% | 20,000,000 | 4-year vesting, 1-year cliff |
Investors | 15% | 15,000,000 | 3-year vesting, 6-month cliff |
Ecosystem Growth | 15% | 15,000,000 | Controlled by DAO |
Liquidity Provision | 10% | 10,000,000 | Initial DEX offerings and AMM liquidity |
Governance Structure
RWAPool governance operates through a multi-tiered structure:
Token Holders
All RWA token holders can:
- Vote on proposals
- Delegate voting power
- Submit proposals (if meeting minimum threshold)
- Participate in discussion forums
Governance Council
A elected group of 9 representatives who:
- Review and provide feedback on proposals
- Help coordinate governance activities
- Represent different stakeholder groups
- Serve 6-month terms with staggered elections
Working Groups
Specialized teams focused on specific areas:
- Protocol Development: Technical improvements and upgrades
- Risk Management: Asset risk assessment and parameters
- Treasury Management: Financial operations and investments
- Growth & Marketing: Ecosystem expansion and user acquisition
- Legal & Compliance: Regulatory considerations and compliance
Governance Process
Proposal Lifecycle
-
Discussion Phase
- Ideas are discussed in the forum
- Community feedback is gathered
- Initial specification is drafted
-
Formal Proposal
- Proposal is formally submitted on-chain
- Requires minimum of 100,000 RWA (1% of circulating supply) to submit
- Includes detailed specification and implementation plan
-
Review Period
- 3-day period for community review
- Governance Council provides feedback
- Technical review by core developers
-
Voting Period
- 5-day on-chain voting period
- Options: For, Against, Abstain
- Voting power based on token holdings and staking duration
-
Execution
- If approved, 2-day timelock before execution
- Automated execution for parameter changes
- Manual implementation for complex changes
-
Monitoring
- Results are tracked and documented
- Post-implementation review
- Adjustments if necessary
Voting Power
Voting power in RWAPool governance is determined by:
- Base Voting Power: 1 RWA = 1 vote
- Staking Multiplier: Locking tokens increases voting power
- 6-month lock: 1.5x multiplier
- 1-year lock: 2x multiplier
- 2-year lock: 3x multiplier
- 4-year lock: 4x multiplier
- Delegation: Users can delegate voting power to others
Proposal Types
rwapool.xyz governance handles several types of proposals:
- Parameter Changes: Adjusting protocol parameters like fees or thresholds
- Protocol Upgrades: Implementing new features or improvements
- Asset Onboarding: Adding new asset types to the protocol
- Treasury Allocation: Distributing funds from the community treasury
- Governance Changes: Modifying the governance system itself
- Emergency Actions: Addressing critical security or operational issues
Governance Tools
rwapool.xyz provides several tools to facilitate governance participation:
- Governance Portal: Web interface for proposal submission and voting
- Governance Forum: Discussion platform for governance topics
- Snapshot Voting: Off-chain voting for sentiment gathering
- Governance Analytics: Data on voting patterns and participation
- Mobile Governance App: On-the-go governance participation
Governance Security
Several mechanisms ensure the security of the governance system:
- Timelock Delay: 48-hour delay before proposal execution
- Graduated Thresholds: Higher approval requirements for sensitive actions
- Guardian Multisig: Emergency override capability for critical vulnerabilities
- Governance Attack Prevention: Mechanisms to prevent takeover attempts
- Formal Verification: Critical governance contracts are formally verified
Governance Roadmap
The evolution of RWAPool governance:
Phase 1: Foundation (Current)
- Basic proposal and voting mechanisms
- Governance Council oversight
- Parameter adjustment capabilities
Phase 2: Expansion (Q3 2025)
- Working group formalization
- Enhanced delegation capabilities
- Cross-chain governance integration
Phase 3: Maturity (Q1 2026)
- Fully autonomous treasury management
- Optimistic governance for routine decisions
- Governance incentivization mechanisms
Phase 4: Full Decentralization (Q4 2026)
- Complete removal of centralized controls
- Governance participation NFTs
- Reputation-based governance enhancements
Participating in Governance
How to Get Involved
- Acquire RWA Tokens: Purchase on supported exchanges or earn through protocol participation
- Join the Community: Participate in the Discord and Governance Forum
- Stake Your Tokens: Lock your tokens to increase voting power
- Vote on Proposals: Cast your votes through the Governance Portal
- Submit Proposals: Share your ideas and submit formal proposals
Best Practices
- Research proposals thoroughly before voting
- Participate in discussion forums to shape proposals
- Consider delegating to active community members if you cannot participate regularly
- Join working groups that align with your expertise
- Stay informed about governance activities through the newsletter and social channels