Governance

GOLDX is committed to evolving into a community-driven, decentralized ecosystem. Governance will play a key role in managing the protocol’s evolution, liquidity policies, supply controls, and integration opportunities. The GOLDX governance model is designed in three progressive phases — from centralized stability to full decentralization.

🧩 Phase 1: Foundation (Initial Launch)

Governance Authority: Core Team / Multi-Sig

• Token mint authority is held by a multi-signature wallet controlled by the founding team.
  
  

• All changes related to supply, liquidity management, airdrops, and partnerships are voted internally.
  
  

• This ensures stability and tight control during launch and early adoption phases.
  
  

Objectives:

• Protect peg model and market trust.
  
  

• Prevent malicious minting or manipulation.
  
  

• Coordinate burn and lock schedules responsibly.
  
  

🔁 Phase 2: Community Onboarding (Month 2–3)

Governance Expansion: Advisory Board + Public Input

• Community members can propose ideas via governance forums (e.g., Discord, GitHub).
  
  

• Snapshot-style voting is introduced for major decisions like:
  
  

  • New liquidity pool additions
    
    

  • Burn schedules
    
    

  • Treasury usage
    
    

  • New utility proposals (staking, wrapped tokens, merchant use)
    
    

Token Holder Rights:

• Early adopters and LP providers may receive non-binding vote rights.
  
  

• Treasury allocation decisions may be partially guided by community polls.
  
  

🌐 Phase 3: DAO Governance (Q1–Q2 Next Year)

Decentralized Autonomous Organization (DAO)

GOLDX will transition to a DAO governance model where token holders steer major decisions. Governance tokens (could be GOLDX itself or a separate GXG token) will allow:

• ✅ Binding voting on protocol upgrades
  
  

• ✅ Treasury disbursements
  
  

• ✅ Burn/mint proposals
  
  

• ✅ Ecosystem grants and partnerships
  
  

• ✅ Adjusting staking rewards or pegging methods
  
  

DAO Tools:

• Smart contract–based governance protocol (e.g., Realms on Solana, Juicebox-style structure)
  
  

• Public voting records
  
  

• Community proposal mechanism
  
  

📋 Governance Summary

Phase

Who Governs

Key Powers

Phase 1

Founders & Multi-Sig

Mint/burn, liquidity, airdrops

Phase 2

Team + Community Input

Forum votes, advisory polls

Phase 3

DAO (Token Holders)

Treasury, burns, expansion, new dApps

GOLDX governance evolves with time — starting strong, growing fair, and becoming truly decentralized.