📜Governance & Treasury

piARM is structured to prioritise transparency, accountability, and community alignment, without compromising the founder's ability to operate effectively in the early phases of development. This section outlines how decision-making, treasury usage, and shutdown contingencies are handled.

🔧 Active Governance Model

In its current phase, piARM operates under a founder-led governance model, with all decisions — technical, financial, and strategic — made by the lead contributor(s) to ensure product velocity, security, and coherent design.

Governance will gradually expand to include:

🗳 Community Proposals: Token-holder or contributor-led proposals on key integrations, funding initiatives, and roadmap milestones.

🧠 Advisory Contributors: Individuals or teams invited to provide guidance, code, or operational input with known alignment to piARM values.

💬 Feedback Cycles: Channels for public review of core changes, such as tokenomics, fees, or integrations, before implementation.

A formal DAO structure may be implemented in the future, but is not guaranteed, and will only be deployed if it enhances — not hinders — the ecosystem’s health.

💰 Treasury & Liquidity Management

The piARM treasury includes:

🌐 Protocol-Owned Liquidity (POL) on selected DEXs

🛠 Operational tokens (for dev bounties, audits, relays, and listings)

🔐 Smart contract multisig controls (initially managed by the founder and/or designated stewards)

Treasury usage will be made transparent via:

On-chain wallets viewable via explorer links or token dashboards

Optional use of multisig wallets for longer-term or high-value holdings

Periodic updates on funding, team payments, and infrastructure costs

The founder reserves the right to manage liquidity (including recovery of LPs in the event of a wind-down), and to reallocate assets in accordance with legal and technical continuity plans.

📌 Buyout / Takeover Scenarios

If a third party (e.g. wallet provider, protocol, or venture partner) proposes to acquire or continue piARM operations, the founder may:

Accept or reject offers at their sole discretion

Transfer infrastructure, branding, and smart contracts as part of a private agreement

Require that new owners abide by a public continuity agreement and community transparency measures

🛡 Legal Guardrails for Governance

No component of this governance framework implies token-holder control over corporate decisions, legal entities, or contributor obligations.

The founder and contributors are not agents, fiduciaries, or representatives of any token-holder or community member.

All project actions remain bound by the Legal & Risk terms.

🛑 Contingency Governance: Shutdown, Takeover, or Buyout

If the project must shut down due to resource exhaustion, legal risks, or loss of community traction, the following graceful exit procedure will apply:

1. 60-Day Public Shutdown Notice

Posted across all channels (Telegram, GitHub, official website)

All project frontends and codebases remain live during this period

Community may organise forks, takeovers, or proposals to continue operations

2. Treasury & LP Resolution

Founder may withdraw any protocol-owned LP liquidity

Remaining treasury funds will be either:

Retained to cover legal and infrastructure costs

Donated to open-source causes or archived

3. Codebase Disposition

Codebases may be:

Fully open-sourced under a permissive license

Archived and mirrored for public use

Transitioned to successor teams if aligned

4. No Token Burns or “Rug” Events

Tokens will not be burned

Community will retain contract-level access as-is

piARM contributors waive any future responsibility for third-party forks or resales