Governance Powers

BOUND holders exercise control over critical protocol functions through graduated decision-making authority. BOUND holders powers include:

1

Treasury and Economic Parameters

Direct community control over treasury allocation, fee adjustments, reward distribution, and the critical 10%/90% split between emissions and burning. The community determines how protocol revenue supports governance sustainability.

2

Asset Management

Authority to add or modify collateral strategies rests fully with governance. The community decides which tokenized strategies are accepted as collateral and approves the overall investment mandate for the BOUND Treasury, while the asset-management partner is limited to proposing strategies and executing allocations strictly within the parameters set by governance.

3

Risk Management

Setting collateralization ratios, buffer requirements, and liquidation parameters that maintain protocol stability. The community balances security with capital efficiency through these critical decisions.

These powers ensure BOUND holders maintain genuine control over protocol evolution, from routine parameter adjustments to fundamental strategic decisions.