🗳️ Governance Overview
Governance Overview
MALGIST governance is designed to balance safety, agility, and future decentralization. In the early phase, governance is intentionally conservative to protect users and protocol integrity.
Current Governance Model
1. Multisig Control
Core protocol permissions are managed via a multisignature wallet.
This ensures:
No single point of control
Critical actions require multiple approvals
Reduced risk of unilateral or malicious changes
Multisig is used for:
Contract upgrades
Adapter whitelisting
Emergency actions (if required)
2. Timelock Mechanism
Sensitive governance actions are protected by a timelock.
This provides:
Transparency before changes are executed
Time for community review and discussion
An added safety layer against rushed decisions
Timelock applies to:
Contract upgrades
Parameter changes
Governance configuration updates
Strategy Governance
Strategies on MALGIST follow a curated-first approach.
New strategies are reviewed before being listed
Risk disclosures are mandatory
Strategy metadata must be transparent and auditable
This helps ensure users understand what they are deploying and why.
DAO Roadmap (Future)
MALGIST is built with progressive decentralization in mind.
Planned phases:
Core team + multisig governance (current)
Community signaling & feedback
DAO-based governance for strategy approvals and protocol parameters
DAO governance will be introduced once the protocol and ecosystem mature.
Governance Principles
Safety over speed
Transparency over opacity
Gradual decentralization
Clear accountability
Governance exists to protect users while enabling innovation, not to overcomplicate participation.
➡️ Next: Strategy Review Process — how strategies are evaluated, approved, and maintained.
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