> For the complete documentation index, see [llms.txt](https://methexis.gitbook.io/methexis-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://methexis.gitbook.io/methexis-docs/governance/governance-the-methexis-dao.md).

# Governance — The Methexis DAO

### Core Principles

* **On-chain accountability** — All proposals, votes, and results are recorded immutably on Ethereum.
* **Token-weighted voting** — $MTHX holders vote with staked or delegated tokens.
* **Checks & balances** — Proposals pass through defined thresholds and timelocks to ensure due review.
* **Progressive decentralization** — Initial parameters may be stewarded by core contributors, but control transitions fully to token holders.

***

### Governance Flow

1. **Proposal Creation (`propose`)**
   * Any address meeting the **proposal threshold** (e.g., 50k $MTHX staked or delegated) can submit a proposal.
   * Proposal includes calldata, a description, and optional references (GitBook/GitHub).
2. **Voting (`vote`)**
   * Voting period: **7 days (configurable)**.
   * Quorum requirement: e.g., **4% of circulating supply**.
   * Votes can be **For / Against / Abstain**.
   * Delegation is supported: holders can delegate voting power without transferring tokens.
3. **Queueing (`queue`)**
   * Successful proposals are queued in a **governance timelock** (e.g., 48–72h) before execution.
   * This buffer allows community review and prevents rushed changes.
4. **Execution (`execute`)**
   * After the timelock, proposals can be executed on-chain.
   * Execution updates protocol parameters or calls smart contracts directly.

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### Examples of Governed Parameters

* **Staking**
  * Minimum validator stake
  * Slashing percentages & jail periods
* **Rewards & Emissions**
  * Allocation split between compute, data providers, and validators
  * Emission half-life, starting emission values
* **Treasury**
  * Grant programs, audits, liquidity provision
  * DAO contributor funding
* **Protocol Upgrades**
  * Contract migrations (via proxies or new deployments)
  * Governance rules (e.g., changing quorum)

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### Governance Safeguards

* **Emergency pause (guardian role)**
  * A temporary measure (only at launch) to pause execution if a critical exploit is detected.
  * Transfers to DAO multisig control after 12–18 months.
* **Slashing accountability**
  * Governance ensures slashing disputes are transparent and verifiable.
* **Transparency reports**
  * Treasury, grants, and emissions reported **quarterly**.

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### Governance Token Utility

* **Proposal threshold**: Token holders must hold or delegate above a threshold to propose.
* **Vote weight**: 1 $MTHX = 1 vote.
* **Delegation**: Users can assign votes to trusted delegates.
* **Incentives**: Optionally, DAO can vote to reward active voters or delegates from treasury.

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### Example Lifecycle

1. A contributor proposes **“Increase validator reward share from 58% → 62%”**.
2. Proposal goes live → token holders vote.
3. Quorum is reached, majority is “For”.
4. Proposal is queued for **72 hours** in timelock.
5. Proposal is executed → reward contract parameter updated on-chain.

***

### Future Directions

* **Quadratic voting or conviction voting** to reduce whale dominance.
* **Sub-DAOs** for treasury, grants, and slashing appeals.
* **Cross-chain governance** as Methexis expands beyond Ethereum.

👉 **Next Section:** Running a Validator, hardware, setup, rewards, and slashing