BTO Docs
  • Introduction
    • What is BTO?
    • Market Background & Problem Statement
  • protocol ＆ features
    • Protocol Overview
    • Core Features
    • Application Scenarios
  • tokenomics
    • BTCx
    • $BTO Token
  • Governance Mechanism
    • Philosophy of Decentralized Governance
  • Future plan
    • Roadmap
  • Legal Disclaimer
    • Risk Disclosure
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  1. Governance Mechanism

Philosophy of Decentralized Governance

At its core, BTO is a protocol built on the belief that no single party should control the flow of Bitcoin across chains. While the foundational infrastructure must be secure and technically sound, long-term sustainability depends on a robust, community-driven governance model.

BTO adopts progressive decentralization, where protocol control transitions over time from core contributors to a DAO composed of BTO holders and ecosystem stakeholders.

Governance Scope

Holders of $BTO are granted governance rights over key protocol decisions, including but not limited to:

  • Adding or removing supported chains (e.g., integrating new EVM or non-EVM L2s)

  • Adjusting minting/burning logic for BTCx

  • Updating security modules (timelocks, ZK-access pathways)

  • Allocating funds from the DAO treasury

  • Adjusting economic parameters (fee models, staking rewards)

  • Launching new modules (stablecoins, lending vaults, synthetic assets)

  • Voting on partnerships and protocol grants

Any proposal affecting protocol-level logic or treasury usage must pass through governance.

Governance Flow

Initial governance will be off-chain signaling through a two-stage process:

  1. Forum Discussion (Discourse-style) — where community members ideate and debate.

  2. Snapshot Voting — token-based off-chain voting platform for signaling community consensus.

As adoption grows, governance will shift on-chain using smart contract-based voting modules:

  • Quadratic Voting for high-sensitivity proposals

  • Time-locked Executions to allow for community response

  • Multisig Safety Layer to vet high-impact deployments

Voting power will be weighted by staked $BTO, promoting long-term commitment.

Governance Principles

  • Transparency First: All votes, proposals, and fund movements are publicly verifiable.

  • Incentivized Participation: Staking and voting incentives will be provided to encourage participation.

  • Checks & Balances: Smart contract audits, multisig gating, and DAO quorum thresholds ensure no unilateral decision-making.

  • Fork Readiness: In case of irreconcilable divergence, the protocol is architected to allow hard forks with community choice preserved.

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Last updated 5 days ago