Governance

Foresure is designed to evolve into a fully decentralized protocol owned and operated by its community.

Current State: Progressive Decentralization

Currently, the protocol is in the "Bootstrapping Phase".

• Admin Control: A 5-of-8 Multi-Sig wallet held by the core team and early contributors controls protocol parameters.
• Guardrails: Time-locks are enforced on critical upgrades (48-hour delay) to allow users to exit if they disagree with changes.

The DAO (Future)

We are transitioning towards a DAO (Decentralized Autonomous Organization) structure.

Voting Power

Voting power will be derived from the future governance token ($SURE).

Governance Process

1. RFC (Request for Comments): Discussion on the governance forum.
2. Snapshot Vote: Off-chain signaling vote (gasless).
3. On-Chain Execution: If passed, the proposal is executed on-chain via Governor Bravo contracts.

Protocol Parameters

The DAO will control:

• Fee Rates: Trading fees (currently dynamic) and Protocol fees (currently 1%).
• Oracle Whitelist: Adding or removing approved oracle adapters.
• Market Categories: Approving new templates (e.g., Sports, Crypto).
• Treasury Spending: Allocating funds for grants, marketing, and development.