Overview

How Chamber is governed and how the token works

Chamber inherits its governance framework from dHEDGE. Until the Chamber token (CHMR) goes live, DHT remains the governance token and everything in this section describes the system as it runs today.

How decisions are made

• Meta-Proposals (DMPs) are the canonical mechanism for changing how governance itself works, or for authorizing protocol-level decisions. DMPs are written on forum.dhedge.org, discussed in the thread, then voted on via Snapshot. See Meta-Proposals (DMP).

• Voting runs on Snapshot, weighted by vDHT accrued in legacy DHT Staking v2 on Optimism. Staking rewards have ended, but vDHT is still the voting weight. See Legacy staking.

• Execution is performed by the DAO multisig acting on the outcome of a passing vote. There is no onchain governor contract with automatic execution today.

What governance controls

• The protocol admin fee (currently 10% of manager fees, set by token holders)

• Treasury allocations, reallocations, and liquidations

• Additions and changes to the governance process itself (via DMPs)

• Strategic decisions at the DAO level: grants, partnerships, major product direction

The token

• DHT: fixed supply of 100,000,000. Launched September 2020. Used for voting and revenue share. See DHT (legacy).

• CHMR (Chamber token): placeholder. Most mechanics will inherit from DHT. See Chamber tokenomics.

What changes at rebrand

Mechanics carry over. The token symbol, the DAO name, and the governance surfaces (forum, Snapshot space) may be renamed alongside the rebrand, but the DMP process and revenue share continue to work the way they do on dHEDGE today.