Governance

PY3 Governance Principles

Governance is structured around these principles:
- Emission control: holders may vote to delay emission or pause inflation
- Referral programs: adjusted by vote
- Reserve fund actions: when reserve >10% of last emission, holders may vote to:
  - issue bonuses
  - burn surplus
  - stabilize price across pools
- Future DAO: when PY3 reaches certain market cap, governance will evolve into a decentralized autonomous model