Governance

Protocol governance via M-of-N multisig with timelock. Currently admin-controlled — transitioning to decentralized on-chain governance post-launch.

Current Governance Stage: Admin-Controlled Multisig

All protocol changes require ...-of-... multisig approval with a mandatory 7-day timelock before execution. Proposals expire after 7 days if not approved. This is a transitional stage toward fully decentralized on-chain governance.

—-of-—
Multisig Threshold
—
Total Proposals
7d
Timelock Period
Proposals

Sample proposals — the multisig config above is read live on-chain.

PROP-001
Active

Update Oracle Authority

Add secondary oracle authority for redundancy. Proposed permissioned feed from NOAA direct API.

For: 2Against: 0
Proposed by 7Yh3...kMnzJun 20, 2026
PROP-002
Queued (Timelock)
Timelock: 4d 12h

Increase Pool LTV Limit to 85%

Raise maximum LTV from 80% to 85% for drought pools. Risk assessment shows adequate reserve ratio at 85%.

For: 3Against: 0
Proposed by 7Yh3...kMnzJun 18, 2026
PROP-003
Executed

Add BGD-DHK-001 Region

Enable Dhaka, Bangladesh as a supported region for flood coverage.

For: 3Against: 0
Proposed by 3Kw2...9pLrJun 10, 2026