Governance

This page outlines the initial governance structure of Elevado.

The following governance structure represents the initial foundation of Elevado’s governance model. As EO holders onboard and governance is incorporated, we expect that the structure will be progressively refined through collaborative iteration between the team and the community.

EO is an ERC-721 token that governs the definition of key parameters of all asset primitives launched by Elevado. These key parameters define, for example, economic fundamentals and market dynamics of these asset primitives.

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Governance Powers

EO holders have two core governance powers: (1) asset primitives guidance, and (2) strategic advisory.

Primitives Guidance

EO holders participate in determining the root parameters of every asset primitive launched by Elevado. These root parameters may include, but are not limited to:

• Liquidity provisioning structures

• FDV values

• Token generation event (TGE) structures

• Supply distribution

• Asset-specific constraints

• Any other relevant macroeconomic configuration related to a primitive

Strategic Advisory

EO holders serve as a strategic, central advisory cohort to Elevado's R&D and operations. Feedback loops between EO holders and the team is aimed at directly influencing high-level community-aligned roadmap decisions.

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Governance Process

Elevado's governance occurs via a private Discord server, which is token-gated via EO.

The governance process is expected to take place individually for each asset primitive built by Elevado. It begins with in-depth discussions and community input, followed by voting polls to define the specific parameters of each asset primitive.

Governance is consensus-driven, not token-weighted voting. While multiple EO tokens may amplify access to pre-ICO allocations, all EO holders can participate equally in the governance.

All decisions are ultimately cemented and executed by the founding team (Elevado Labs), reflecting the consensus reached with EO holders.

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Governance Flexibility

Elevado’s governance is envisioned to be adaptable as it maturates. While the current model empowers a streamlined, corporate-style governance process – centered on informal discussion and consensus-building via polls between EO holders and the team – it can mutates across time.

During inception, governance activities are conducted through a token-gated Discord server, with proposals surfaced, debated, and aligned upon informally. However, EO holders may collectively propose the adoption of more formal, on-chain or off-chain governance structure and framework to codify and ratify key governance decisions.