TSD Governance

A core component of the True Seigniorage Dollar Protocol is the ability to safely upgrade. This ability can be used by the token holders to vote in changes to the incentivisation structure around the protocol or to add, remove, or adjust peripheral functionality.

When the protocol launched there were no admin keys or any way to influence it without changes being actioned by a governance process. This made tsd a fully decentralised protocol from day one.

Since its launch, the protocol has successfully implemented dozens of upgrades, ranging from adjust incentivisation to add in a community treasury.

Types of Governance

There is governance structures that that relate to the TSD protocol:

• On-Chain protocol governance which effects the mechanics of the TSD token
• Off-Chain Treasury governance which will be soon revealed.