Vote-based Governance

While futarchy governs through open markets, vote-based governance is reserved for OMFG token holders. Its role is narrower — designed for regulatory control rather than day-to-day decisions.

OMFG holders can:

• Adjust protocol-level fees

  • Futarchy fee

  • Founder fee

• Set rules for pool change mechanics, including:

  • Timelock durations

  • Proposal costs

  • Required bond sizes

• Oversee veto permissions and governance budgets

This layer ensures that while the core protocol is immutable, OMFG holders maintain:

• Long-term influence over systemic risks

• Protection against malicious pool creators

• Guardrails for futarchy experimentation

Think of OMFG governance as the protocol’s constitution writer and regulator, not its daily manager.