Governance (Coming soon)

governance philosophy governance in thissofire is designed to be local, not global each index (vault) governs itself through its fundshare token holders there is no overarching thissofire dao that dictates global parameters transparent and on chain all proposals, votes, and executions occur through verifiable smart contracts secure yet adaptable governance is protected by timelocks and role separation, and can evolve through community consensus this modular approach means thissofire isn’t a single monolith — it’s a network of autonomous funds , each run by its investors and supported by shared infrastructure governance structure overview layer scope controlled by description vault governance (per fund) vault parameters fundshare token holders controls weights, fees, assets, treasury usage protocol guardian (multi sig) emergency & deployment core team & partners can pause faulty vaults or update base templates fundmanager registry factory + discovery core team adds/removes vaults; enforces parameter compliance only vault level governance impacts fund behavior protocol level controls exist purely for security, compliance, and template management , not to override community decisions governance token the fundshare the fundshare token doubles as a governance asset holding it gives voting power proportional to your share of the vault’s total supply function role proposal creation submit changes to vault configuration voting approve or reject proposed actions execution automatically trigger accepted changes on chain delegation assign voting power to another address quorum enforcement ensure minimum participation for validity unlike many governance tokens, fundshares are backed by fund assets , aligning governance power with real economic stake governance parameters (default values) parameter default description proposal threshold 0 5% of total supply minimum to submit a proposal quorum requirement 5% of total supply minimum votes needed for approval voting period 7 days duration of open voting timelock delay 48 hours wait before execution after approval execution role timelock contract executes approved proposals emergency pause guardian multi sig can pause mint/redeem if critical risk detected all parameters are adjustable via governance within protocol enforced limits proposal lifecycle proposal creation a holder with ≥ 0 5% of fundshares submits a proposal including action type (e g , updateweights, setfees, treasuryspend) rationale and affected functions proposed execution data the proposal is stored on chain and announced via the vault’s governance feed voting period (7 days) vote for/against/abstain ; voting power = snapshot at start block votes can be delegated any ui can integrate via a getproposals()/subgraph endpoint outcome no quorum → expires quorum + majority for → moves to timelock majority against → fails (14 day resubmission cooldown) timelock (48 hours) public review window; guardian may pause if a malicious action is detected execution timelock triggers the vault executor ; emits proposalexecuted with state changes (fees, weights, treasury, etc ) fully auditable, end to end governance roles & responsibilities role description privileges safeguards fundshare holders primary governors create/vote on proposals token weighted, on chain delegates trusted voters with delegated power vote on behalf of others delegation is revocable guardian (multi sig) security oversight pause vault, update templates no control over funds vault executor executes proposals runs approved actions only controlled by timelock oracle updaters maintain price feeds update oracle data allowlisted & monitored role separation delivers decentralization without sacrificing safety governance actions (per vault) category action description composition addtoken(), removetoken() include or exclude assets weights updateweights() adjust target allocations rebalance rebalancetotarget() force manual reweighting fees setfees(deposit, redeem) adjust mint/redeem fees within caps dex tax settradingtax(rate) set pancakeswap transfer tax (0 1–3%) treasury spendtreasury(amount, recipient) liquidity, marketing, audits pause setpause(state) temporarily disable mint/redeem oracles updateoracle(address) change price feed configuration every action emits events for complete traceability governance security mechanisms timelock execution all proposals execute through a time locked executor to prevent surprise changes guardian pause function a 3/5 (example) multi sig can pause a vault in extreme events (oracle manipulation, exploit suspicion, malfunction) guardians cannot withdraw funds or seize control parameter caps (template level) fees ≤ 5% trading tax ≤ 3% oracle freshness ≤ 2h price impact ≤ 5% even governance cannot exceed these caps transparency & open source proposals, votes, and executions are on chain and indexable via subgraphs for public audit treasury governance each vault accumulates bnb in its treasury from deposit/redemption fees and a share of trading tax allocations governance may allocate funds to pancakeswap liquidity for the fundshare, marketing & community collaborations, security audits & bug bounties, manual buybacks/burns , ecosystem grants (integrations, analytics) all treasury movements require on chain proposals and approvals delegated governance thissofire supports delegated voting via delegate(address) on the fundshare contract delegation is optional and revocable , enabling higher participation while reflecting community sentiment governance evolution path phase 1 — guided decentralization guardian oversight; fee/rebalance governance live; core team assisted execution phase 2 — autonomous governance fully decentralized voting + timelock execution; public proposals; decentralized oracle/parameter updates phase 3 — meta governance network inter vault coordination (e g , shared liquidity); meta indexes; optional global council for shared infra upgrades (non binding to vault sovereignty) governance incentives proposal rewards small bnb grants for proposals that pass voter rewards a portion of treasury yield to active voters reputation points (off chain) track contributions for future perks/airdrops these non inflationary incentives boost engagement without diluting supply governance in a deflationary system active vaults → more trading volume → buybacks & burns good governance optimizes these loops → fund value rises governance is rewarded by performance, not emissions — a sustainable, deflationary positive model governance transparency dashboard the public dashboard (in development) will surface, per vault active proposals and status voting power distribution treasury balance & spend history burn stats & nav growth guardian actions & timelock queue full visibility → full accountability summary thissofire governance redefines how defi funds are run local autonomy each index fund is self governing security layers timelocks, caps, and guardians prevent abuse transparency every decision is on chain and auditable economic alignment voting power equals ownership stake in thissofire , governance isn’t a side feature — it’s the foundation of community owned, on chain index funds that evolve with their holders every fundshare holder is both an investor and a policymaker