Governance (Upcoming)

Governance is a core pillar of the Wagon Network protocol. Token holders of stkWAG are empowered to shape the direction of the network through transparent governance processes.

Wagon’s governance model ensures that decisions — such as approving loans, adjusting platform parameters, and managing treasury operations — are driven by the community.

Governance Structure

Wagon Network’s governance is divided into two phases:

1. Off-Chain Governance

This is the starting point of every proposal. Discussions and drafts are first posted on the Wagon Forum (Request for Comment) to collect community input and iterate ideas transparently.

Off-chain governance serves to:

• Encourage open discussion and feedback

• Avoid spam or low-quality proposals on-chain

• Build alignment before a formal vote

2. On-Chain Governance (Coming Soon)

After sufficient feedback is gathered off-chain, proposals may move to the blockchain for formal voting. On-chain governance will include:

• Proposal creation on-chain (by the Council or eligible users)

• Referendum voting using stkWAG tokens

• Execution of decisions through smart contracts (e.g., fund disbursement, parameter change)

On-chain proposals may include:

• Loan approvals

• Protocol upgrades

• Treasury allocations

🚧 Note: In the current phase, governance is limited to off-chain only. On-chain governance will be launched once Wagon DeFi infrastructure reaches operational stability.