Governance
Mezo Network governance allows veBTC holders to shape protocol parameters and emission flows. Governance is anchored in BTC—veMEZO amplifies veBTC voting power rather than carrying governance weight of its own.
Protocol Parameters
Section titled “Protocol Parameters”The following parameters define how MEZO emissions are distributed:
| Parameter | Description | Status |
|---|---|---|
| Chain Splitter ratio | Share of emissions to validators (20%) vs ecosystem (80%) | Fixed, locked via governance |
| Ecosystem Splitter ratio | Share of emissions to staking gauges (90%) vs ecosystem gauges (10%) | Fixed, locked via governance |
| Max boost multiplier | Maximum veMEZO boost on veBTC | Currently 5x |
Splitter ratios are currently fixed and cannot be changed through voting. These ratios may become adjustable through future governance mechanisms.
Governance Constraints
Section titled “Governance Constraints”- BTC-anchored voting — Only veBTC holders can vote on governance proposals. veMEZO boosts veBTC voting power but grants no governance rights of its own. veMEZO does vote independently on veBTC boost gauges and MEZO Gauges, which direct emissions rather than set protocol parameters.
Future Development
Section titled “Future Development”Governance structures may evolve to include:
- Formal proposal and voting mechanisms (e.g., Governor Bravo)
- Additional governable parameters
- Validator selection via gauge voting under proof-of-stake
Details will be announced as governance features are finalized.