OLYMPIADemo v0.3 · Mordor Testnet

Treasury Funding

How It Works

Sustainable protocol funding without impacting miners. Transaction fee revenue flows through three stages.

1

Transaction Fees

Every transaction pays a basefee via EIP-1559. The basefee is directed to the Treasury. Block rewards and tips remain completely untouched. Miners are unaffected.

Funded by basefee revenue, not inflation

2

Treasury

Protocol-managed vault accumulates basefee revenue, voluntary on-chain donations, and block rewards from miners who point their coinbase address to the treasury. Real-time monitoring via public dashboard.

Immutable vault with on-chain transparency

3

Governance

Community proposals allocate treasury funds through on-chain voting with timelock security and sanctions compliance at every layer.

Membership-based voting with 3-layer sanctions defense

Governance Process

From Proposal to Execution

Five stages from idea to execution: every step on-chain, transparent, and auditable.

1

Propose

Anyone can submit a governance proposal on-chain. Proposals define the action to execute and the supporting rationale.

2

Vote

Members cast on-chain votes during a defined voting period. A quorum threshold must be met for the proposal to pass.

3

Queue

Approved proposals enter a security timelock. This delay provides the community time to review before execution.

4

Execute

After the timelock expires, the proposal executes automatically. Treasury transfers happen on-chain with full auditability.

5

Disclose

All outcomes are publicly reported and independently verifiable. Proposal records form a permanent on-chain record.