# Governance Charter

# Overview

The Fight Foundation oversees the governance framework of the Fight ecosystem — including the $FIGHT token, its on-chain treasury, and associated community programs.
Its purpose is to steward decentralization, uphold transparency, and ensure compliance as control progressively transitions to the Fight DAO.

Fight operates as a community-governed protocol, supported initially by the Foundation and core contributors such as Concept Labs and FightFi Labs, with oversight and input from the Athlete Council.

# Mandate of the Fight Foundation

The Foundation’s role is to act as an independent, non-profit steward of the Fight ecosystem during its formative stages.
Its core responsibilities include:

Safeguarding the protocol’s intellectual property, trademarks, and brand partnerships.
Executing on DAO-approved proposals and maintaining transparent accounting of all treasury operations.
Ensuring compliance with applicable laws and regulations across jurisdictions.
Facilitating the transition to on-chain community governance and DAO autonomy.

The Foundation does not exist to manage the market value of the $FIGHT token or to guarantee returns of any kind.
All token operations and treasury programs are governed by published policies and may be amended through DAO processes.

# Principles of Governance

The Fight ecosystem is built on four foundational principles that guide both decision-making and behavior:

Fight Fair – Design for integrity. Operate transparently. Resolve disputes openly.
Fight Together – Fans × Fighters × Builders share aligned upside through participation.
Fight Through – Ship fast, fix fast. Maintain accountability and adapt during fight week cycles.
Fight Forever – Build for longevity with compliance, security, and durable economics.

These principles serve as the moral and operational compass for all Foundation and DAO actions.

# Governance Phases

# Phase 1: Foundation Stewardship (Launch – Year 1)

During this phase, the Foundation maintains operational control to ensure security and legal compliance.
Key decisions — emissions, grants, liquidity operations, and strategic partnerships — are approved by the Foundation under public reporting standards.

Transparency Measures:

Quarterly treasury reports published on-chain.
Public disclosure of all multisig signers and rotation policies.
Mandatory audits of key smart contracts and emission schedules.

# Phase 2: Delegate Program (Year 2)

As the ecosystem matures, governance expands to include community delegates and working groups representing the following areas:

Product & UX – roadmap prioritization and protocol parameters
Treasury & Grants – fund allocation and performance tracking
Risk & Integrity – oracle operations, dispute resolution, and compliance review
Athlete Council – fighter alignment, fairness, and fan experience

Delegates are elected or self-nominated by $FIGHT holders and evaluated based on participation, transparency, and measurable contributions.

# Phase 3: Full DAO Execution (Year 3+)

Ultimate authority transitions to on-chain governance, with proposals and votes executed directly via smart contracts.
All key actions — emissions updates, treasury disbursements, parameter changes — are subject to token-holder voting, quorum thresholds, and timelocked execution.

DAO governance is designed for accountability:

All proposal data, voting results, and execution transactions are recorded on-chain.
Emergency powers are narrowly scoped, time-limited, and require renewal by token vote.
Dispute and arbitration mechanisms are transparent and documented.

# Proposals and Voting

Any $FIGHT holder may submit or sponsor a governance proposal once minimum thresholds are met (for example, a defined token stake or delegate sponsorship).

Each proposal follows a clear lifecycle:

Draft (RFC): Community discussion on the governance forum.
Formal Submission: Verified on-chain submission or delegate sponsorship.
Vote: Token-based voting with quorum and time limits.
Execution: Successful proposals implemented via timelocked contracts.

FP (Fighting Points) may serve as a reputation modifier — boosting the visibility of long-term contributors or gating proposal creation — without overriding token-holder consensus.

# Treasury Policy

The DAO Treasury receives protocol-generated revenues such as ecosystem fees, grant returns, or partner contributions.
All treasury operations follow these guiding principles:

Transparency: On-chain reporting of inflows, outflows, and reserves.
Accountability: Programs must define measurable KPIs and milestones.
Community Oversight: Treasury allocations are subject to DAO votes.
Flexibility: The DAO may amend, pause, or discontinue programs through governance.

Under DAO policy, portions of net protocol revenues may be allocated to operations, grants, liquidity programs, or other initiatives that expand ecosystem utility.
These allocations are not intended as investment returns or price support, and may change at any time through community governance.

# Athlete Council Integration

The Athlete Council acts as a formal advisory body to ensure that fighters’ perspectives are represented in governance and treasury decisions.
It advises on:

Fighter community programs and staking models.
Prize$Fight allocation frameworks.
Integrity, safety, and fairness guidelines.

Council members serve rotating terms and are compensated via milestone-based, DAO-approved token streams.

# Transparency & Accountability

All governance actions and treasury operations are tracked via a public Transparency Dashboard, which displays:

DAO proposal status and history.
Treasury balances and disbursements.
Emission schedules and vesting progress.
Council and delegate participation metrics.

Audited reports are published quarterly, and governance documentation is maintained openly on-chain and in the official GitBook.

# Disclaimer

This governance framework is provided for informational and transparency purposes.
Nothing in this Charter constitutes an offer of securities, investment advice, or a guarantee of future value.
All policies and parameters may be amended through DAO governance or regulatory requirements as the ecosystem evolves.

Fight Foundation — stewarding the transition from centralized leadership to community ownership, one fight week at a time.