[ GOVERNANCE ]

Minimal, slow, public.

Governance in Heartwood is deliberately narrow: it tunes parameters and lists markets. It cannot touch user funds, and everything it does waits 48 hours in public first.

Process

Forum RFC

Every change starts as a public request for comment on the governance forum. Minimum three days of discussion.

Temperature check

An off-chain snapshot vote gauges support before any code is queued.

On-chain vote

Five-day voting window with a 4% quorum requirement.

Timelock and execution

Approved changes queue in the public 48-hour timelock, then execute automatically.

Powers and limits

Governance can

  • List new markets and set their risk parameters (LTV, thresholds, penalties, caps).
  • Tune interest curve parameters per tier.
  • Direct insurance reserve accrual rates within the 10 to 20% band.

Governance cannot

  • Move, freeze or seize user collateral or deposits.
  • Bypass the 48-hour timelock.
  • Upgrade the immutable core market logic.
  • Grant any role custody over funds; the emergency guardian is pause-only.

Proposals

IDTitleStatus
HWP-04Raise tXAU supply cap · from 40M to 60M unitsVoting
HWP-03List tREIT · income real estate, Yield tier, isolatedExecuted
HWP-02Tighten oracle halt threshold · 2.5% to 2.0%Executed
HWP-01Genesis parameters · launch markets and tiersExecuted

The governance forum and on-chain voting portal open with mainnet. Until then, parameter questions go to hello@heartwood.finance or the institutions desk.

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