Governance

Overview

Nabla aims to become a permissionless, decentralized, and trustless protocol. To steer the protocol and its strategic direction, Nabla aims to build a DAO consisting of key contributors, partner protocols, investors, users, and community members. They can express their opinion through various governance channels (Forum, Discord, TG) and vote with $sNABLA tokens.

The DAO will gradually receive more responsibilities and essentially be responsible for the following areas:

• Adjust protocol parameters (e.g., fee percentage, fee split, volatility cut-off settings (via EV:GO), token incentives)

• and removing pools

• Setting and adjusting slippage parameters and pool caps

• Treasury expenditures (e.g., grants, contributor rewards, marketing activities)

• New strategic initiatives (e.g., new chain deployment, partnerships)

The above list is not exhaustive. However, Nabla aims to become as trustless as possible. This requires the impact of governance on the core protocol to be as minimal as possible and the use of automation where possible. Thus, reliance on human interaction is reduced, and security is simultaneously increased by eliminating any attack vectors.