Governance

We'll detail our plan in terms of governance here.

Step 1: Centralized governance

Having the right governance process in place is of essence in order to protect user’s funds from slashing, optimise rewards and offer the highest security level. This encompasses mainly the selection of Operators and AVS’s.

At first, the governance will be handled by our team and be made transparent to users. You can find more details on how Operators and AVS’s selection criteria in our documentation.

Step 2: Decentralized governance

On the longer term, we will establish the BPM Finance DAO in order to make the entire process decentralized. and let the community make significant decisions regarding the protocol.

While the design of the DAO is still under consideration, here are some ideas regarding the DAO's governing power:

• Vote on protocol parameters like revenue model

• Vote on protocol updates: products, roadmap

• Due diligence and voting on AVS selection.

• Due diligence and voting on Node Operators selection.

• Manage the BPM Finance Treasury