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  • Kuiper - Documentation
  • Protocol
    • FAQ
    • Governance
    • Basket Creation
    • Launching a Basket
      • Proposing an Index
      • Proposing an Index
      • Creating a Basket
      • Creating the Basket
    • Rebalancing Auctions
      • Initiating an auction
      • Bidding on an auction
      • Auction Parameters
      • Bounties
      • Settling an auction
  • Contract Addresses
  • Audits
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  1. Protocol

Governance

Kuiper is governance-minimized. The protocol owner, possibly a DAO in the future, is only capable of taking the following actions:

  • changing the minimum license fee (set at launch to 0.1%) .

  • changing the percentage of license fee revenue collected by the DAO. This percentage cannot be set above 20%.

  • changing the owner of the Kuiper factory contract. The only privilege afforded to the contract owner is the right to receive a maximum of 20% of license fee revenue.

  • changing global protocol parameters relevant to the aggressiveness of auctions.

    • auction decrement

    • auction multiplier

    • bond percent

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Last updated 3 years ago