Governance (Upcoming)
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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.
Wagon Network’s governance is divided into two phases:
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
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.
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