Network participation
Set custodian admission policy, trust tiers, concentration limits and approved collateral assets.
Governance
A network with
shared rules and real obligations.
PGC governance is intended to set network policy. Cypher holders’ ownership and redemption rights must remain defined in the applicable trust and service terms.
The proposed governance model
Policy can evolve.
Responsibilities must stay clear.
Economic policy
Govern fee schedules, reward programmes and capital allocation within the network’s legal and technical constraints.
Holder protections
Publish clear redemption, audit and default procedures. Voting does not replace enforceable title or custody obligations.
Questions for launch
Make the rules
inspectable.
- Who can propose and vote, and with what quorum?
- Which actions require a delay before execution?
- Who can pause a service, and how is that power reviewed?
- How are upgrades tested, approved and communicated?
- What rights does a Cypher holder retain during a dispute?
Follow the network’s development.
Review available information and join the discussion as governance terms take shape.