Governance System

The CosmBank protocol is governed and upgraded through a three-layer governance model, driven by veCSM (vote-escrowed CSM) holders:

  1. veCSM – The governance token

  2. Governor Alpha – The on-chain governance contract

  3. Multisig Wallet – For secure execution and emergency oversight

These components work together to empower the community to propose, vote on, and implement protocol changes.

Governance actions may include modifying system parameters, enabling/disabling strategies, deploying new modules, or upgrading existing logic — enabling dynamic, community-driven protocol evolution.

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