2.8 KiB
2.8 KiB
Governance and Voting Mechanism
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Governance Token Allocation
| Participant | Share | Tokens |
|---|---|---|
| Founder | 70% | 2,100,000 |
| Investors (LP) | up to 30% | 900,000 |
| Total | 3,000,000 |
LP investors receive governance tokens and effectively become GP with voting rights — not only dividend rights but real participation in governance.
Quorum and Voting Mechanism
Quorum for Decisions
- Initial quorum: 51% of all governance tokens
- Dynamic change: quorum is set by token holders through voting
- Protection from single-party control: quorum can be raised to 70%, meaning the founder (70%) cannot decide without investor consent
How It Works
- Token holders can propose a quorum change via the voting system
- Changing quorum requires a vote with the current quorum (51% or higher)
- At 70% quorum the founder cannot decide alone
- This protects investor (30%) interests
Technical Implementation
- On-chain voting via smart contracts (ERC20Votes)
- One token = one vote
- Results recorded on blockchain and verifiable
Voting Procedure
Who can create proposals: all governance token holders.
Process
- Create proposal — any token holder
- Discussion period — proposal is discussed
- Voting — holders vote for or against
- Count — proportional to token count
- Decision — if votes for ≥ quorum
Balance of Founder and Investor Rights
At 51% Quorum
Founder (70%) can decide alone, since 70% > 51%.
At 70% Quorum
Founder cannot decide without investor consent. Investors (30%) effectively have veto power.
Investor Rights
- Participation in voting with up to 30% weight
- Creating proposals for voting
- Blocking decisions at 70% quorum
- Access to reports and financial data
- Access to accelerator projects
- Co-investment in deals
Minority Protection Mechanisms
- Raise quorum to 70% via vote
- Right to create proposals and initiate votes
- Transparency — all decisions on blockchain
- Access to financial reports and metrics
Reporting
- Regular reports on treasury inflows
- Profit distribution (15% / 15% / 70%)
- Portfolio company reports
- All transactions transparent via blockchain
Additional Materials
- For investors — investment offering, rights, risks
- Business model — revenue sources, structure
- Financial calculations — return scenarios
Last updated: 2026-02-19