Puffer Governance Roadmap
Our transition to full community governance will occur in stages, ensuring a smooth, secure, and effective implementation. Note that the roadmap and timeline are subject to change as the protocol evolves.
Throughout all phases, we remain committed to:
- Fostering broad community participation in discussions and decision-making
- Maintaining transparency in all governance processes
- Balancing innovation with security and stability
- Upholding Ethereum's core principles of decentralization and permissionlessness
Phase 0: Initial Allocation and Off-Chain Voting
- Launch of the PUFFER token
- Introduction of vePUFFER minting
- Users can immediately lock their PUFFER tokens to mint vePUFFER NFT
- This action initiates the accrual of voting power necessary for future governance participation
- Opening of the governance forum for community discussions
- Implementation of off-chain voting mechanisms for initial community input
- Launch initial proposals to whitelist AVSs
Phase 1: On-Chain Voting
- Transition from off-chain to on-chain voting mechanisms
- Implementation of smart contracts for governance proposals and voting
- Exploration of delegation
- Gradual increase in governance scope over:
- Puffer LRT: Adjusting protocol parameters, fees, and limits
- UniFi AVS: Managing fee structures and whitelisting new rollups
- UniFi Rollup: Setting fee parameters and directing ecosystem rewards
- Introduction of more complex decision-making processes
- Launch of the UniFi Grants Program
- Community-driven initiative to fund projects contributing to the UniFi ecosystem
Phase 2: vePUFFER Utility Expansion
- Full implementation of the vePUFFER model in collaboration with Aragon
- Enhanced utility for vePUFFER holders:
- Boosted voting power based on lock duration
- Gauges for AVS allocations
- Potential for additional protocol rewards or benefits
- Refinement of governance mechanisms based on community feedback
- Exploration of cross-protocol governance opportunities within the UniFi ecosystem
Phase 3: Protocol Ossification
- Transition towards a fully autonomous and self-sustaining governance model
- Ossify governance processes and smart contracts