Governance

In its initial design, InstaLiq does not plan to make strong assumptions for the governance schemes of individual projects.

For the initial phase, this will mean funds and contract rights, like mint and burn capability, will belong to a multisig contract. We plan to integrate with Gnosis to facilitate this.

Multisig contracts with off-chain voting is a common structure for DAOs. We will use this as a lightweight baseline and develop more complex governance features, like on-chain execution for Snapshot votes, in later phases of the project.