Governance

SynArc enables decentralized, on-chain administration modeled after standard, battle-tested governance architectures. This section details the proposal lifecycle, authoring criteria, and voting rules.

How Proposals Work

SynArc utilizes an on-chain, decentralized lifecycle modeled after the standard OpenZeppelin Governor contract.

1. Submission & Pending State: A proposal is submitted with executable transactions. It enters a Pending delay allowing delegates to adjust voting weight snapshots.
2. Active Voting Phase: The proposal enters the Active voting window. Members cast votes (For, Against, Abstain) signed cryptographically via their wallets.
3. Resolution & Timelock Controller: If voting requirements and the 4% Quorum are met, the proposal enters the Timelock Controller buffer to prevent immediate execution surprises.
4. On-Chain Execution: Once the timelock expires, anyone can execute the proposal transactions, triggering on-chain transfers or changing system properties.

How to Create a Proposal

If your voting power meets or exceeds the proposal threshold, you can author a proposal:

1. Navigate to the Proposals tab and click New Proposal.
2. Fill in the Title, Description, Category, and Execution Duration parameters.
3. Under Treasury Impact, define the disbursement value in USDC, and assign the destination Target EVM address.
4. Confirm the transaction inside your Privy embedded wallet. Once mined, your proposal enters the Pending phase.

How to Vote

Active proposals can be voted on by any member with a balance greater than 0 sARC at the snapshot block:

1. Select any proposal currently marked as Active from the Proposals grid.
2. Select For, Against, or Abstain on the voting module card.
3. _Optional_: Add a text reason detailing your voting rationale.
4. Author the signature inside your wallet to submit your vote on-chain.

Proposal States Explained

• Pending: Proposal has been submitted but voting snapshot has not been finalized yet. Users can delegate weight.
• Active: Voting is actively open. Users can record cryptographic signatures on-chain to support or oppose.
• Executed: The proposal has passed quorum, satisfied timelock delays, and has been successfully executed on-chain.
• Defeated: The voting window has closed but the proposal failed to meet quorum or received majority Against votes.

Voting Power: USDC + SynArcToken

Voting weight in the SynArc DAO ecosystem is governed by two complementary tokens:

1. SynArcToken (sARC)

The core governance asset. 1 sARC corresponds to 1 raw vote. sARC tokens are fully delegatable and record check-pointed balance history on-chain to prevent double-voting.

2. USDC Balance Weight

To align capital with operations, SynArc utilizes USDC balances to calculate dynamic delegation multipliers, reinforcing stable, institutional-grade decision metrics.