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

# Governance Model

**Phase 1 (Solana)**: Core Team Governance During the SPL token phase, the core team makes operational decisions to ensure rapid development and successful mainnet launch.

**Phase 2 (Mainnet)**: Progressive Decentralization Upon mainnet launch, governance transitions to token holders:

**Governance Rights:**

* Protocol parameter changes (block size, fees, emission rates)
* Treasury fund allocation decisions
* Validator reward adjustments
* Smart contract upgrades and deployments
* Strategic partnership approvals
* Ecosystem fund distribution

**Voting Mechanism:**

* 1 BTCM = 1 vote
* Proposal threshold: 100,000 BTCM to submit proposals
* Voting period: 7 days
* Quorum requirement: 10% of circulating supply must participate
* Implementation timelock: 48 hours after approval for security

**Proposal Categories:**

**Technical Proposals:**

* Protocol upgrades
* Consensus mechanism adjustments
* Fee structure changes
* Performance optimizations

**Economic Proposals:**

* Validator reward modifications
* Emission schedule adjustments
* Treasury spending
* Grant allocations

**Governance Proposals:**

* Voting mechanism changes
* Quorum adjustments
* Proposal threshold modifications
* Emergency powers definition