Governance Smart Contract

The governance system consists of several key smart contracts working together to enable decentralized decision-making:

Token Contract

This contract manages the balances of token holders and tracks the voting power of designated delegates. It is central to determining who can participate in governance decisions based on voting power.

Governor Contract

Acting as the core access control for the governance system, the Governor contract processes proposals, manages voting, and determines proposal outcomes as either passed or failed. This contract utilizes OpenZeppelin’s standard Governor contract.

Timelock Contract

The Timelock contract is responsible for handling the execution of proposals passed by the Governor contract. It introduces a time delay before executing successful proposals, allowing stakeholders an opportunity to review and respond if necessary.