8 Governance
FortuneHunters governance is designed to be participatory yet protective. It blends the nimbleness of Snapshot off-chain voting with the security of on-chain execution via a time-locked treasury. Below we detail the proposal lifecycle, role hierarchy, conflict resolution, and future upgrades.
8.1 Governance Philosophy
Seeker-Centric — Each fortune reading should indirectly influence protocol direction via popularity signals.
Skin-in-the-Game — Voting power derives from staked (not idle) $FORTUNE to align long-term incentives.
Progressive Decentralisation — Core team retains safety veto in Year 1, sunsets automatically after Year 2 audit.
8.2 Roles & Powers
Fortune Seeker
Hold ≥ 1 $FORTUNE
Feedback, festival participation
Upvote lore ideas, claim quests
Apprentice Mystic
Stake ≥ 10 000 $FORTUNE
Validate AI readings, minor votes
Dispute accuracy, review proposals
Master Oracle
Stake ≥ 1 000 000 $FORTUNE + KYC
Open proposals, major votes, validator slashing
Launch new festival season, budget grants
Fox Council
Top 9 Master Shamans by reputation
Emergency multisig (3/5)
Pause contracts on exploit detection
Reputation Score is an off-chain metric based on fortune validation accuracy, streak support, and community contributions; resets quarterly.
8.3 Proposal Lifecycle
graph LR
A(Draft) --> B(Rage-quit Review)
B --> C(Snapshot Vote)
C --> D(Timelock Queue)
D --> E(On-chain Execution)
Draft (72 h) — Proposer outlines change on forums; must lock 5 000 $FORTUNE to avoid spam.
Rage-quit Review (48 h) — Stakers can exit if they disagree sharply, ensuring soft opt-out.
Snapshot Vote (96 h) — Quadratic weighting till 100 k stake; linear above.
Timelock Queue (48 h) — Smart contract queue; Fox Council can only delay once (24 h) in emergencies.
Execution — Aragon OSx plugin triggers contract upgrades or treasury transfers.
Example Proposal Types
Parameter Change — Adjust festival streak multiplier.
Budget Allocation — 50 000 $DREAM grant to neuroscience study.
Protocol Upgrade — Migrate NFT standard to 721A.
8.4 Treasury Mechanics
Safe Structure — 3/5 multisig (Fox Council) + 1/1 timelock executor.
Asset Mix — BTC (40 %), $FORTUNE (30 %), USDC (20 %), ETH LSDs (10 %).
Reporting — Monthly transparency report auto-posted to GitBook via GitHub Actions.
Revenue Sources
2 % cut from every secondary Fortune NFT trade.
0.5 % swap fee from points → $FORTUNE conversions.
Validator slashing fines.
Spending Rules
No single transaction >5 % of treasury without Fox Council super-majority.
Grants above 50 000 $FORTUNE require two-phase vote (rough + final).
8.5 Conflict Resolution
Reading Dispute
Apprentice submits evidence; Master quorum reviews via 3/5 stake.
Contract Exploit
Fox Council pauses contracts; emergency fund migrates.
DAO Deadlock
Last-resort community fork: snapshot of fortune scores + token balances exported to new chain.
8.6 Future Upgrades
Soul-Bound Badges — Non-transferable NFT for governance reputation.
Real-Time Param Tuning — Chainlink Functions to auto-adjust fees based on marketplace volume.
Cross-DAO Alliances — Shared voting power with K-culture projects like MetaKongz.
FortuneHunters envisions governance as mystical as the fortunes it reveals—ritualistic, transparent, and ever-evolving.
Proposal Flow
Draft → Rage-quit Review → Snapshot Vote → On-chain Execution
Draft — Anyone with 1 % circulating $FORTUNE may draft a proposal.
Rage-quit Review — 72 h period where stakers can exit before voting.
Snapshot Vote — Off-chain voting weighted by staked $FORTUNE.
On-chain Execution — Successful proposals queued and executed via timelock.
Treasury Uses
Liquidity incentives and buy-backs
Grants for academic dream researchers
Cultural events and K-POP collaborations
Community Roles
Fortune Seeker
Hold ≥ 1 $FORTUNE
Submit feedback, access festivals
Apprentice Mystic
Stake ≥ 10 000 $FORTUNE
Validate AI readings, minor votes
Master Oracle
Stake ≥ 1 000 000 $FORTUNE + KYC
Open proposals, major votes
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