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Governance

Lazy Student uses a progressive decentralization model to transition from a foundation-led protocol to a fully community-governed DAO.

Governance Phases​

Phase 1 — Foundation-Led​

  • Smart contract upgrade authority
  • Security oversight
  • Marketplace curation
  • Early treasury management

Phase 2 — Hybrid Governance​

  • Token holders propose and vote on:
    • Treasury allocations
    • Parameter changes
    • Accelerator programs
  • Reputation-weighted voting for creator-related decisions

Phase 3 — Full DAO​

  • On-chain execution of proposals
  • Community-led treasury
  • Decentralized dispute resolution
  • Governance constitution

Voting Mechanics​

Proposal Creation​

Requires:

  • Minimum $LST stake
  • Clear motivation
  • Specification
  • Risk analysis
  • Implementation plan

Voting​

  • One-token-one-vote
  • Domain-specific reputation weighting
  • Time-bounded voting windows

Execution​

  • Automatic on-chain execution where possible
  • Delayed execution for major upgrades

Safeguards​

  • Emergency veto (sunset after Phase 2)
  • Rate limits on treasury spending
  • Reputation-based anti-spam filters
  • Transparent governance logs

Lazy Student governance balances security, expertise, and community control.

Governance

Lazy Student uses a progressive decentralization model...