Treasury & governance
The Doppler Airlock comes out of the box with optional support for community managed treasuries, via the GovernanceFactory. These are currently implemented using industry standard contracts, specifically, Open Zeppelin's Governor, which was directly inspired by Compound Finance's Governor Bravo. Treasuries can be customized at the time of creation, including how much of a token gets allocated into the Treasury, how long it takes for a Treasury to unlock, or what the voting requirements are to move assets or take actions on behalf of the Treasury.
Example usage
Tokens created on Pure Markets have a community managed treasury that unlocks after 90 days. After the 90 days, any community member can propose an action to the contracts directly. Due to the usage of standard solutions like Open Zeppelin's Governor, third party websites and services like Tally.xyz automatically support the token holder community's ability to vote on the proposed action. Community members would vote with weight proportionate to their token holdings.
Disabling or opting-out of governance
For projects that prefer to opt out of onchain token based governance mechanisms, Doppler offers a "no-op governance" option that maintains project control while enabling perpetual fee streaming.
How It Works
Doppler supports a "No-op" governance pattern that permanently locks 100% of liquidity and streams all trading fees to predefined beneficiaries.
Benefits of NoOpGovernanceFactory
Gas Savings: ~30-40% reduction in deployment costs
Simplicity: No governance overhead to manage
Security: Governance address set to
0xdead
, preventing any governance actionsV4 Compatible: Works seamlessly with V4 migration features
When to Use Each Option
Use NoOpGovernanceFactory when:
Governance is not required for your token
Gas efficiency is a priority
You want a simpler deployment process
Community governance will be handled off-chain
Use Standard Governance when:
On-chain governance is required
Token holders need voting capabilities
Protocol parameters may need updates
Systems equire governance mechanisms
Important: This is a permanent decision that cannot be reversed or transferred.
Last updated