Effective Date: April 1, 2025

1. Purpose and Principles

This Governance & Upgrade Framework (“Framework”) outlines the mechanisms by which decisions are made regarding the development, evolution, and management of the Siriux Protocol (“Protocol”), and how the Siriux Foundation (“Foundation,” “we,” “our”) supports decentralized coordination.

Governance at Siriux is guided by the following principles:

• Decentralization: Governance is designed to minimize central authority and empower community participants.
  
  

• Transparency: All governance decisions and upgrades are documented, traceable, and auditable.
  
  

• Security and Integrity: Upgrades prioritize the safety of funds and stability of the network.
  
  

• Open Participation: Any user, developer, or stakeholder may propose ideas and participate in discussions.
  
  

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2. Role of Siriux Foundation

The Siriux Foundation is a non-profit legal entity based in Zug, Switzerland. Its role is to:

• Facilitate early coordination of protocol upgrades;
  
  

• Manage the open-source repositories and governance documentation;
  
  

• Support security audits and research;
  
  

• Fund public goods and community infrastructure;
  
  

• Provide legal, regulatory, and compliance support where necessary.
  
  

The Foundation does not control the Protocol, nor does it possess any admin or upgrade keys over deployed smart contracts.

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3. Governance Process Overview

1. Idea Proposal
   
   

   • Anyone may submit a governance proposal via GitHub, the Siriux Forum, or governance discussion platforms.
     
     

   • Proposals may address upgrades, parameters, treasury allocations, or community initiatives.
     
     

2. Discussion Phase
   
   

   • Community members and core contributors discuss the proposal in public channels.
     
     

   • Feedback is incorporated, and a final draft is prepared.
     
     

3. Signaling Vote (optional)
   
   

   • A non-binding snapshot or wallet-based vote may be conducted to assess community sentiment.
     
     

4. Security and Technical Review
   
   

   • If a protocol upgrade is proposed, it undergoes peer review and external audit (where needed).
     
     

5. On-Chain Execution
   
   

   • For approved upgrades, the deployment is handled through decentralized governance infrastructure (e.g., upgrade DAOs, multisigs, or validator consensus mechanisms).
     
     

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4. Upgrade Types

• Critical Security Patches: May be fast-tracked with expedited review, especially if user funds are at risk.
  
  

• Routine Feature Enhancements: Follow the full governance cycle.
  
  

• Parameter Adjustments: Minor changes to economic or protocol variables may be handled via signaling and multisig execution.
  
  

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5. Governance Tools & Infrastructure

Siriux may use or support:

• Snapshot or similar off-chain voting tools;
  
  

• Forum and GitHub governance workflows;
  
  

• Decentralized upgrade frameworks (e.g., Governor contracts, upgradeable smart contract patterns);
  
  

• Public GitHub repositories for transparency;
  
  

• Community discussion hubs (e.g., Discord, Discourse).
  
  

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6. Token Governance (If Applicable)

If a Siriux-native token is introduced for governance purposes:

• Voting rights may be distributed proportionally to token holdings;
  
  

• Token-based governance must avoid plutocratic capture (e.g., through delegation or quadratic voting);
  
  

• Token holders may vote on treasury use, network parameters, and ecosystem funding.
  
  

Note: As of the Effective Date, no token-based on-chain governance mechanism is enforced by Siriux Foundation.

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7. Upgrade Security Practices

• All upgrades are subject to audit and peer review;
  
  

• No unilateral upgrade authority is retained by the Foundation;
  
  

• Where applicable, multisig execution or validator voting thresholds are applied;
  
  

• Time-lock mechanisms are recommended to ensure community response time before activation.
  
  

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8. Emergency Governance Provisions

In the event of critical bugs or exploits:

• Emergency multisigs or predefined fail-safes may be used to pause or mitigate damage;
  
  

• The Foundation may coordinate disclosure and triage with core developers, audit firms, and legal advisors.
  
  

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9. Transparency and Reporting

• All governance actions are recorded on-chain or publicly archived;
  
  

• Proposals, votes, and audit results are published on the governance portal;
  
  

• The Foundation will publish bi-annual governance reports including upgrades, votes, and process retrospectives.
  
  

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10. Amendments and Review

This Framework is reviewed periodically in line with protocol maturity and community growth. Amendments may be proposed and ratified through the governance process itself.

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Contact
 For inquiries or governance-related issues, reach out to:
  📧 legal@siriux.ai