5. Governance & DAO

• 5.1 Governance Model

  Lyper is community-governed. LPR holders vote on:

  • New listings

  • Protocol fee parameters

  • Treasury spending

  • Development proposals

  5.2 DAO Treasury

  Transparent, on-chain, auditable. Funds are distributed for:

  • Ecosystem incentives

  • Grants & development

  • Liquidity rewards

  5.3 Governance Flow

  Proposal → Voting → Execution