# Governance by Staked Value

No governance token exists.

* Top 50% stakers: create markets, propose outcomes, and vote in initial resolutions.
* All stakers: participate in escalated resolutions.

Protocol parameter changes follow stake-weighted processes: supermajority (>⅔ of total staked value) required to execute changes. Penalty adjustments include safeguards (cooling period, range limits, proportionality).


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