Governance
Protocol direction, network parameters and treasury priorities are decided collectively. Anyone holding FULA can put a question to the community and vote on the questions others raise.
You are connected to a different network. Voting happens on Base.
How voting works
- Your vote is backed by tokens you lock, not tokens you spend. When you vote you transfer FULA to the voting contract, where it stays until the proposal closes. You then claim it back in full. Voting costs you the use of those tokens for the duration — nothing more.
- Influence grows with the square root of what you commit. Locking four times as much gives you twice the say, not four times. This is called quadratic voting, and it exists so that a large holder cannot simply buy a proportional share of every decision.
- Long-term stakers can vote without locking anything extra. If you hold a qualifying stake, its value counts toward your voting power and earns an additional multiplier, because that capital is already committed to the network.
- Results are advisory. A vote records what the community wants. It does not execute itself, and it does not move funds or change the protocol on its own.
- Anyone can propose. Posting a question burns a fee and locks a refundable deposit. The deposit comes back if enough people take part; if a proposal draws no real participation, the deposit is burned. That is what keeps the list worth reading.
What it costs
To vote on a proposal
10,000 FULA
minimum, and you get all of it back
- Your FULA is locked, not spent. It moves to the voting contract and you claim the full amount back once the proposal closes — whatever the result, and whether or not you voted with the majority.
- If you already hold a qualifying stake, it counts toward this minimum, so you may be able to vote without locking anything extra.
- Nothing is burned when you vote. Voting costs you only the use of those tokens until the proposal closes.
To raise a proposal
75,000 FULA
25,000 FULA of that is burned whatever happens — and the other 50,000 FULA too if too few people vote
- 25,000 FULA fee — burned. Permanently destroyed the moment you post. It never comes back, whatever happens to the proposal.
- 50,000 FULA deposit — refundable. Returned to you if the proposal draws enough participation. If it does not, the deposit is burned too.
- “Enough participation” means at least 10 people must vote, each committing the minimum or more. Below that, you lose the deposit as well as the fee.
- Proposals run for 3 to 30 days, you may have 3 open at once, and there is a 1 day wait between raising one and the next.
You also need a small amount of ETH on Base to pay network fees — a few cents per transaction. These amounts are set by governance and can change; the figures above are read from the contract each time this page loads.
An honest limitation worth knowing
Square-root voting reduces the advantage of size, but it does not eliminate it. Splitting the same tokens across several wallets still produces more total voting power than holding them in one, so this is best understood as friction against concentration rather than immunity to it. Splitting is visible on-chain, and because results are advisory rather than self-executing, the consequences of a manipulated vote are bounded. We would rather say this plainly than let the mechanism be mistaken for something stronger than it is.
No proposals yet
Nothing has been put to the community so far. If you hold FULA, you can raise the first one.
Could not load proposals
The fee is destroyed permanently. The deposit returns to you only if the proposal reaches the participation threshold; if almost nobody votes, it is burned.
Paste an IPFS CID or a gateway link. No account needed — you can upload a document with FxFiles and paste the link it gives you.
Two admins must agree. Creating a change records your approval automatically. A second admin approves, and after a 24‑hour delay it can be executed — but the window closes 48 hours after creation, and an expired change keeps blocking new ones until it is cleared.
Approve as soon as a change appears. The second approval does not have to land inside the window; only the execution does, so approving early turns two timed actions into one.
Pending changes
Propose a parameter change
Propose an integration change
Important Notice
FULA is a utility token. Participating in a vote does not create ownership, an entitlement to profits, or any right against Fula Governance Association. Votes recorded here are advisory and do not execute themselves. Tokens locked to vote are returned in full after a proposal closes, and can always be claimed regardless of the outcome.