Governance

The treasury belongs to holders

Most token treasuries are controlled by a multisig held by the founding team and described in a blog post as "community-governed." GRONK does it differently: the treasury is controlled by an on-chain governance module, and the founding team's voting weight comes from the same 5% allocation everyone can watch vesting. There is no veto.

What holders actually decide

• Yield destination — what share of routed yield goes to buyback-and-burn versus direct streaming.
• Venue registry — which contracts the kernel is allowed to route into.
• Treasury spend — every outflow from the governed treasury, including audits, integrations and incentives.
• Kernel parameters — the operational settings that sit inside governance-controlled bounds.

The proposal flow

Why the venue registry matters most

The most important thing governance controls is the list of contracts the kernel may route into. That list is the security boundary. A malicious venue added to the registry could drain routed capital — which is exactly why additions require a full proposal cycle, a disclosure of the contract, and a review window.

Governance is not a marketing feature

Governance only has value if it is used. If holders don't vote, the effective controller becomes whoever does — which is precisely the outcome governance exists to prevent. Part of the community allocation is reserved for active governance participants for this reason, and participation rate is published publicly every cycle.