Governance Proposals
Participate in the evolution of the SNGLL ecosystem. Review, discuss, and vote on community-driven initiatives.
Protocol Constitution
These governing rules ensure that SNGLL evolves through community consensus while maintaining the operational integrity of our physical assets.
I. Proposal Lifecycle & Submission
Forum discussion first
Every proposal must be discussed in the official SNGLL Forum before it is submitted, and the submission must link to that thread. Proposals without a forum discussion are not reviewed.
Proposer eligibility
Proposals must come from a wallet holding at least 5,000 $SNGLL. That wallet identifies the proposer in governance and is the address that will carry their voting power.
II. Review, Corrections & Publication
Team review
Each submission is reviewed together with its forum thread. Only proposals that are technically and operationally feasible, and compatible with the restaurant operations, move forward.
Corrections window
If the team requests changes, the applicant receives a one-time edit link valid for 3 days. The corrected version is recorded as a new revision. After the deadline the proposal is reviewed exactly as submitted.
Publication
Approved proposals are published on this page with a publication date and a public reference ID (for example SNGLL-PROP-XXXXXXXX). Once the governance contracts are live, each publication also carries its on-chain proposal id and transaction hash.
III. Voting Rules
Simple majority
A proposal is approved when it receives at least 51% of the votes cast during the voting period.
Quorum
A vote is only valid if at least 10% of the SNGLL supply participates. If quorum is not met, the proposal is rejected regardless of the majority percentage.
Voting power and snapshot
One token, one vote. Voting power is your delegated $SNGLL balance captured at the proposal snapshot, so it cannot be double-voted by moving tokens mid-vote. Tokens held but not delegated do not count.
Voting period
Votes are open for 7 days. Once voting starts, the proposal cannot be edited or cancelled.
IV. Institutional Safeguards & Veto Power
The safety veto (Protocol Guardian)
SNGLL Labs LLC and the core founding team reserve an absolute veto power. It protects the physical restaurant operations, ensures compliance with financial regulation, and prevents governance attacks that could put the protocol's long-term solvency at risk.
Veto justification
Any veto is published with the technical, legal or operational grounds for the decision within 72 hours.
V. Activation Status
Where we are today
Until the on-chain Governor is deployed, proposals are submitted, reviewed and published through this portal; the on-chain vote opens on Polygon once the Governor goes live. The parameters above (5,000 $SNGLL to propose, 51% to approve, 10% quorum, 7-day vote) are the fixed rules for that voting phase.