# 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 --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://bitcoin-munari.gitbook.io/bitcoin-munari-whitepaper/community-and-governance/governance-model.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.