Governance

Last updated November 13, 2025 · Estimated read time: 7–9 minutes

1.1 Governance Model

Asentum governance is token‑weighted and fully transparent. Holders of $ASX can create, discuss, and vote on proposals that impact protocol parameters, treasury programs, listings, and ecosystem initiatives.

1.2 Proposal Lifecycle

  1. Discussion: Ideas are posted to forums with rationale and impact analysis
  2. Draft: A formal proposal with technical details and on‑chain actions
  3. Snapshot: Off‑chain temperature check (optional)
  4. On‑chain vote: Binding vote with quorum and threshold rules
  5. Execution: Enacted via timelock/multisig after grace period

1.3 Common Proposal Topics

  • Protocol parameters: Fees, limits, and security thresholds
  • Treasury programs: Ecosystem grants, liquidity incentives, research funding
  • Listings and integrations: Network, oracle, and custodian partnerships
  • Compliance policy: Updates to ARC37 processes and disclosures

1.4 Transparency and Auditability

  • Public archives: All proposals, votes, and execution logs are recorded
  • Open data: APIs and subgraphs expose governance history and metrics
  • Security reviews: On‑chain actions undergo peer review and audits

1.5 Participation and Delegation

  • Direct voting: Holders vote from their primary addresses
  • Delegation: Assign voting power to trusted delegates or DAOs
  • Representation: Community working groups draft proposals and gather feedback

Related: Token Overview · Token Use Cases · Token Distribution