Governance

Multi-Sig Security

• Team Treasury and Project Treasury each reside in distinct multi-signature wallets

• Prevents unilateral spending or token movement.

DAO Proposals

• Major allocations from the Project Treasury and Presale funds require a DAO vote

• The community can propose new initiatives, marketing budgets, partnerships, or platform features.

On-Chain Vesting

• Presale and Team Treasury allocations will be enforced via the smart contract that manages vesting timelines.

Reporting

• Public dashboard for all multi-sig wallets allowing holders to view the governance activity

• Monthly or quarterly reports summarizing treasury movements, vesting unlocks, and staking statistics.

Key Benefits

• Long-Term Alignment: Team tokens have a 1-year cliff and quarterly unlocks, ensuring the founding team is invested in the project’s success.

• Market Stability: Selling requires price criteria, discouraging panic sells or abrupt market dumps.

• Community Engagement: DAO votes determine how presale funds (and significant treasury expenditures) are used, fostering trust and participation.

• Simplicity in Staking: Only APR-based rewards make the model straightforward to maintain and communicate.

Token-Gated Governance with $SPACES

• Holders of $SPACES tokens can vote on station decisions, including:

  • New show formats, guest appearances, and content priorities.

  • Upcoming topics, special guests, and community-driven content.

Team-Executed Governance Model

• While voting outcomes are community-driven, the station’s core team ensures approved changes are implemented, maintaining a balance between decentralization and structured execution.