Governance
Protocol Governance
Transparent treasury, a locked insurance reserve, and a governed path toward an SNS-DAO.
Governance Status
Current phase: post-ceremony, pre-launch. The protocol launches in phases — token first, privacy pool second — with full control of all canisters transferring to the SNS DAO once the pool is live and proven.
Treasury
The protocol treasury supports long-term development, future SNS/DAO governance, audits, grants, integrations, operations, and controlled liquidity programs. Treasury actions are transparent, governed, and subject to clear execution limits.
Insurance Reserve
The STSH insurance reserve is a capped STSH-denominated protocol backstop. It is designed to help remediate bounded accounting or proof-system incidents affecting STSH pool liabilities. It is not an unlimited guarantee and does not insure fiat-denominated market value. It cannot be sold or deployed without governance approval.
Treasury Discipline
STSH reserves may be diversified over time using protocol-earned fees and governance-approved treasury actions. Diversification must be gradual, transparent, slippage-limited, and capped relative to market liquidity. The protocol does not conduct discretionary market dumping, and insurance principal cannot be sold without governance approval.
Fees
Protocol fees are 0 at launch. Fees are a governance parameter, not hardcoded. When nonzero fees are activated, they flow into the governance rewards reserve.
Staking
Staked STSH earns governance voting weight and staking rewards. Staking is public and launches alongside the protocol's governance controls.
Voting weight
Earned by staking
Rewards
Staking rewards
Supply
Fixed — no emissions
Governance Dashboard
No active proposals
Coming soon
Live with community testing
Funded before community testing
Coming soon
Post-ceremony / pre-launch