Governance
Nuon’s architecture optimizes for the lowest risk, highest yield through its veto-based governance. It is flexible enough to add new strategies, bootstrapping through partnerships and initial token distribution to tap into a de facto council of aligned experts. The governance module itself is lightweight, and limited in scope.
nuMint governance token holders escrow their tokens in a vote-escrow (ve) system, which is a prerequisite for earning rewards.
veMint is earned over time for escrowing nuMint. veMint holders are able to:
Veto proposed vaults which are too risky
Vote on which vaults should receive new USDC deposits
Set the Treasury buffer amount and cap minting
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