Foundation Governance & Roadmap
35% Foundation position: disclosed, time-limited, and bound by on-chain commitments
The SwapBlok Foundation holds 35% of total SBT supply at TGE through the Team, Contributors & Foundation allocation. All tokens are subject to the 12-month cliff and 24-month linear vesting schedule and cannot be sold or transferred during the lock period.
This governance concentration during the critical early period protects the network against governance attacks, parameter manipulation, and hostile actors accumulating tokens to disrupt operations before sufficient community engagement has developed. It is disclosed, time-limited, and governed by binding on-chain commitments.
Foundation Governance Commitments
The following commitments are encoded on-chain at genesis and cannot be unilaterally reversed:
- All Foundation governance votes are published at least 72 hours in advance with written public rationale
- The Foundation will not vote to alter the LP reward emission schedule by more than 10% per year without a 66% supermajority of total SBT
- The Foundation will not vote to modify team vesting schedules after TGE
- Changes to the core bridge architecture require an 80% supermajority
Decentralisation Roadmap
| Period | Foundation Position |
|---|---|
| Year 0–1 (TGE → Year 1) | Full governance rights exercised. Foundation votes on all proposals to protect protocol integrity and correct roadmap execution. |
| Year 1–2 | All Foundation votes published 72 hours in advance. Community may contest any vote via emergency proposal. Foundation commits not to vote on ecosystem and grants decisions. |
| Year 2–3 | Seven-member community governance council elected by SBT holders. Council holds veto rights over fee schedule changes and LP emission adjustments. |
| Year 3–4 | Foundation participates in governance as a normal SBT holder with no special rights. |
| Year 4+ | Full community governance. Foundation holds market-rate stake only, with no preferential governance status. |