Olympia Governance Framework
Membership-based governance with on-chain proposals, voting, and execution. Transparent, auditable, and built on Ethereum Classic.
From Proposal to Execution
Five stages from idea to execution. Every step is on-chain, transparent, and auditable.
Propose
Anyone can submit a governance proposal on-chain. Proposals define the action to execute and the supporting rationale.
Vote
Members cast on-chain votes during a defined voting period via the OpenZeppelin Governor 5.x contract suite. Voting is transparent and immutable.
Queue
Approved proposals enter a security timelock. This delay provides the community time to review before execution.
Execute
After the timelock expires, the proposal executes automatically. Treasury transfers happen on-chain with full auditability.
Disclose
All outcomes are publicly reported and independently verifiable. Proposal records form a permanent on-chain record.
Treasury Funding
How the Olympia Treasury achieves sustainable funding without impacting miners.
Basefee revenue funds the Olympia Treasury
Block rewards and tips remain completely untouched. Miners are unaffected. The treasury receives basefee revenue, voluntary on-chain donations, and mining rewards directed to the treasury address. This creates sustainable, transparent funding without inflation or reduced miner compensation.
Funding Flow
Transactions
Users pay gas fees
Basefee Revenue
EIP-1559 basefee collected
Treasury
Protocol-managed vault
Governance
Community proposals
Ecosystem
Development funding
Safeguards
Built-in protections that keep governance secure and compliant.
Timelock
Every approved proposal must wait through a configurable delay period before execution. This gives the community time to review, object, or prepare.
Sanctions Screening
On-chain sanctions compliance at three layers: proposal submission, active voting, and execution. Sanctioned addresses cannot participate in governance or receive treasury funds.
Two-Layer Governance
Olympia DAO membership NFTs are non-transferable, preventing vote buying and governance manipulation. Public participation is enabled through futarchy prediction markets, ensuring both protocol accountability and broad community input.