Your voting power
— gPONZ
Delegated to —
gPONZ votes. One token, one vote.
Every parameter of the protocol — emissions, bond capacity, the Pons Loans oLTC, treasury allocations — moves through this queue. Proposals that pass sit in the timelock before anyone can execute them.
Quorum
— gPONZ
≈ — of the gPONZ supply
Voting period
7 days
1-day delay before voting opens
Timelock
48 hours
Between queue and execution
Delegation
Voting power is inactive until it is delegated — to yourself or someone else.- Connected wallet
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- Current delegate
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- gPONZ balance
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- Votes
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sPONZ does not vote. Rebasing balances cannot be checkpointed, so governance weight lives in gPONZ. Wrap on the stake page to make your stake countable — the underlying PONZ keeps compounding either way.
Proposals (6)
Pending
HIP-15
Route — of PONS pool fees into buyback-and-burn
Points the FeeRouterBuyback contract at the graduated PONZ-USDC v4 pool and sets the protocol fee share to —. Bought PONZ is burned, not held.
Quorum 0 / — gPONZ — voting has not started.
Active
HIP-14
Switch on the Yield Repurchase Facility
Spends treasury yield on open-market PONZ whenever the market price sits below liquid backing. Weekly budget capped at — of realised yield.
Quorum — / — gPONZ — met.
Succeeded
HIP-13
Raise the Pons Loans clearinghouse capacity to 12M reserve
Funds the Clearinghouse with a further 4M USDC and leaves the oLTC untouched. Ready to be queued into the timelock.
Quorum — / — gPONZ — met.
Queued
HIP-12
Add wstETH as a bond quote token
Whitelists wstETH in the Treasury and opens a 750k capacity market on the depository with a 5-day term.
Quorum — / — gPONZ — met.
Executed
HIP-11
Set the Emissions Manager base rate to —
Trims per-epoch emissions after three consecutive months of backing growth. Took effect at epoch —.
Defeated
HIP-10
Migrate treasury allocations to the v2 allocator
Would have moved 9M of reserves into an external yield strategy. Rejected over custody risk during the PONS graduation window.
No proposals in that state yet.