> For the complete documentation index, see [llms.txt](https://jpt.jackpotter.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://jpt.jackpotter.com/jackpotter-token-jpt/tokenomics/governance.md).

# Governance

The Jackpotter governance framework is designed to empower the community and ensure that the platform evolves in a way that benefits all stakeholders. The system is built on a stake-weighted voting model that rewards long-term commitment and active engagement in treasury and product decision-making.

### Why this system is fair

* **Commitment required.** Only stakers can vote. This blocks drive-by influence.
* **Meritocratic by design.** Long-term believers get more voting power.
* **Skin in the game.** Voters are locked in. They share the upside and downside.
* **Major decisions stay distributed.** A 5% per-wallet cap applies on major proposals.
* **Transparent and predictable.** Voting power uses one rule: `staked JPT × lock multiplier`.

## The Governance Process

The governance process is designed to be transparent and straightforward, with clear steps for submitting, discussing, and voting on proposals.

{% stepper %}
{% step %}

### Proposal Submission

Any staker holding 10,000 or more JPT can submit a proposal. Each proposal must include a detailed description, rationale, and implementation plan.
{% endstep %}

{% step %}

### Discussion Period

Once a proposal is submitted, it enters a 3-7 day discussion period, allowing the community to review, debate, and provide feedback.
{% endstep %}

{% step %}

### Voting Period

After the discussion period, a 5-7 day voting period begins. A snapshot of staked JPT is taken at the start of the voting period to determine voting power.
{% endstep %}

{% step %}

### Execution

If a proposal meets the required quorum and approval threshold, it is passed and enters a timelock period (48 hours to 21 days) before being automatically executed by the smart contract.
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### Implementation

On-chain changes are executed automatically, while off-chain changes are implemented by the team within 30 days, with regular progress updates provided to the community.
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{% content-ref url="/pages/88866972ad21072bf8a32ddd3bc61d7139be9d37" %}
[Voting Power & Lock Multipliers](/jackpotter-token-jpt/tokenomics/governance/voting-power-and-lock-multipliers.md)
{% endcontent-ref %}

{% content-ref url="/pages/2544c376869e29974db703ba32e3c137b315354b" %}
[Proposal Types & Safeguards](/jackpotter-token-jpt/tokenomics/governance/proposal-types-and-safeguards.md)
{% endcontent-ref %}