LIVE PROPOSAL · MAINNET PENDING
ORCHN's governor has not been deployed to Ethereum mainnet yet. Once the contracts are live and pinned to this site, this panel will read the active proposal, show vote tallies, and let Thesis stakers propose / vote / execute on-chain.
Spec: one proposal per 7-day epoch · sellCapBps ∈ [25, 200] · 5% Thesis quorum · 0.001 ETH bond
GOVERNANCE RULES
WHO VOTESThesis stakers only — 1 staked ORCH = 1 vote
WHAT CHANGESsellCapBps — the per-tx sell cap, in basis points of total supply
RANGE25 bps (0.25%) ≤ sellCapBps ≤ 200 bps (2%)
EPOCH7 days, aligned to deploy timestamp. One active proposal per epoch.
QUORUM5% of total Thesis stake measured at execute() time
BOND0.001 ETH from proposer. Refunded if quorum reached. Forfeit to Sentinel pool if not.
EXECUTIONAnyone may call execute() after the epoch closes, if quorum was met
PROPOSAL LIFECYCLE
01PROPOSE
Thesis staker calls propose(newSellCapBps) with 0.001 ETH bond.
02VOTE
All Thesis stakers can vote(yes/no). Vote weight = stake balance at vote time.
03EXECUTE
After the 7-day epoch closes, anyone calls execute(). On quorum, hook's sellCapBps updates.
04FORFEIT
If quorum was not reached, the proposer's bond is donated to the Sentinel reward pool.