Governance Setup

1// governance/config.ts
2export const GOVERNANCE_CONFIG = {
3  // Governance token
4  token: {
5    mint: GOVERNANCE_TOKEN_MINT,
6    decimals: 9,
7    name: 'Governance Token',
8    symbol: 'GOV',
9  },
10  
11  // Voting configuration
12  voting: {
13    quorum: 0.04, // 4% of total supply
14    threshold: 0.60, // 60% yes votes required
15    votingDelay: 1, // 1 epoch delay before voting
16    votingPeriod: 3, // 3 epochs for voting
17    minProposalPower: new BN(100_000_000_000), // 100 tokens
18  },
19  
20  // Proposal settings
21  proposals: {
22    maxActions: 10,
23    maxDescriptionLen: 10_000,
24    cooldownPeriod: 1, // 1 epoch between proposals
25    executionDelay: 2, // 2 epochs after approval
26  },
27  
28  // Council configuration
29  council: {
30    enabled: true,
31    members: COUNCIL_MEMBERS,
32    threshold: 4, // 4 out of N required
33    veto: true, // Can veto proposals
34  }
35}

1// governance/deployment.ts
2export async function deployGovernance(
3  connection: Connection,
4  payer: Keypair,
5  config: GovernanceConfig
6): Promise<PublicKey> {
7  // Create governance program account
8  const governance = Keypair.generate()
9  const space = GovernanceLayout.span
10  const lamports = await connection.getMinimumBalanceForRentExemption(space)
11  
12  const transaction = new Transaction().add(
13    // Create governance account
14    SystemProgram.createAccount({
15      fromPubkey: payer.publicKey,
16      newAccountPubkey: governance.publicKey,
17      lamports,
18      space,
19      programId: GOVERNANCE_PROGRAM_ID
20    }),
21    
22    // Initialize governance
23    createInitializeGovernanceInstruction({
24      governance: governance.publicKey,
25      config: {
26        votingDelay: config.voting.votingDelay,
27        votingPeriod: config.voting.votingPeriod,
28        quorumVotes: calculateQuorumVotes(config),
29        thresholdVotes: calculateThresholdVotes(config),
30        timelock: config.proposals.executionDelay,
31        proposalThreshold: config.voting.minProposalPower,
32        votingToken: config.token.mint,
33      },
34      councilMembers: config.council.members,
35      councilThreshold: config.council.threshold,
36      payer: payer.publicKey,
37    })
38  )
39  
40  await sendAndConfirmTransaction(
41    connection,
42    transaction,
43    [payer, governance]
44  )
45  
46  return governance.publicKey
47}

1// governance/voting.ts
2export const VOTING_CONFIG = {
3  // Vote types
4  voteTypes: {
5    FOR: 0,
6    AGAINST: 1,
7    ABSTAIN: 2,
8  },
9  
10  // Vote weight calculation
11  weightCalculation: {
12    // Base voting power
13    baseWeight: (tokenAmount: BN) => tokenAmount,
14    
15    // Time-lock multiplier
16    timeMultiplier: (lockDuration: number) => {
17      const maxMultiplier = 2.0 // 2x max multiplier
18      const maxLockDuration = 365 * 24 * 60 * 60 // 1 year
19      return 1 + (lockDuration / maxLockDuration) * (maxMultiplier - 1)
20    },
21    
22    // Delegation rules
23    delegation: {
24      enabled: true,
25      maxDelegates: 1,
26      lockRequired: false,
27    },
28  },
29  
30  // Vote tracking
31  tracking: {
32    // Vote receipt
33    receipt: {
34      enabled: true,
35      transferable: false,
36      metadata: true,
37    },
38    
39    // Vote history
40    history: {
41      enabled: true,
42      indexed: true,
43      retention: '365d',
44    },
45  },
46  
47  // Vote restrictions
48  restrictions: {
49    // Minimum holding period
50    minHoldingPeriod: 2, // epochs
51    
52    // Vote changes
53    allowVoteChanges: true,
54    changeDeadline: 0.5, // 50% of voting period
55    
56    // Vote cancellation
57    allowCancellation: false,
58  }
59}

1// governance/process-vote.ts
2export async function processVote(
3  connection: Connection,
4  vote: Vote,
5  user: PublicKey,
6  payer: Keypair
7): Promise<TransactionSignature> {
8  // Validate vote
9  if (!isValidVote(vote)) {
10    throw new Error('Invalid vote')
11  }
12  
13  // Check voting power
14  const votingPower = await calculateVotingPower(
15    connection,
16    user,
17    vote.proposal
18  )
19  
20  if (votingPower.lt(VOTING_CONFIG.minVotingPower)) {
21    throw new Error('Insufficient voting power')
22  }
23  
24  // Check restrictions
25  await validateVoteRestrictions(
26    connection,
27    vote,
28    user
29  )
30  
31  // Build vote transaction
32  const transaction = new Transaction().add(
33    // Cast vote
34    createCastVoteInstruction({
35      proposal: vote.proposal,
36      voter: user,
37      vote: vote.voteType,
38      votingPower,
39      metadata: vote.metadata,
40    }),
41    
42    // Create vote receipt
43    createVoteReceiptInstruction({
44      proposal: vote.proposal,
45      voter: user,
46      receipt: generateVoteReceipt(vote),
47    })
48  )
49  
50  // Process vote
51  const signature = await sendAndConfirmTransaction(
52    connection,
53    transaction,
54    [payer]
55  )
56  
57  // Update vote tracking
58  await updateVoteTracking(vote, signature)
59  
60  return signature
61}

1// governance/timelock.ts
2export const TIMELOCK_CONFIG = {
3  // Delay configuration
4  delays: {
5    // Standard changes
6    STANDARD: {
7      delay: 2, // 2 epochs
8      maxDelay: 10, // 10 epochs
9      minDelay: 1, // 1 epoch
10    },
11    
12    // Critical changes
13    CRITICAL: {
14      delay: 5, // 5 epochs
15      maxDelay: 20, // 20 epochs
16      minDelay: 3, // 3 epochs
17    },
18    
19    // Emergency actions
20    EMERGENCY: {
21      delay: 0, // No delay
22      maxDelay: 1, // 1 epoch
23      minDelay: 0, // No delay
24    },
25  },
26  
27  // Cancellation settings
28  cancellation: {
29    // Who can cancel
30    cancelAuthority: {
31      council: true,
32      proposer: true,
33      governance: true,
34    },
35    
36    // Cancellation window
37    window: {
38      start: 0, // Immediate
39      end: 0.8, // Up to 80% of delay
40    },
41    
42    // Restrictions
43    restrictions: {
44      requireReason: true,
45      allowPartial: false,
46      minimumDelay: 1, // 1 epoch after cancel
47    },
48  },
49  
50  // Queue management
51  queue: {
52    // Capacity limits
53    capacity: {
54      maxQueued: 100,
55      maxPerType: 10,
56      maxPerProposer: 5,
57    },
58    
59    // Prioritization
60    priority: {
61      emergency: 0, // Highest
62      critical: 1,
63      standard: 2,
64    },
65    
66    // Execution order
67    order: 'priority', // priority or fifo
68  }
69}

1// governance/timelock-processor.ts
2export async function processTimelock(
3  connection: Connection,
4  proposal: Proposal,
5  payer: Keypair
6): Promise<TransactionSignature> {
7  // Get timelock configuration
8  const config = getTimelockConfig(proposal.type)
9  
10  // Validate timelock requirements
11  if (!meetsTimelockRequirements(proposal, config)) {
12    throw new Error('Does not meet timelock requirements')
13  }
14  
15  // Calculate timelock period
16  const timelockPeriod = calculateTimelockPeriod(
17    proposal,
18    config
19  )
20  
21  // Build timelock transaction
22  const transaction = new Transaction().add(
23    // Queue proposal
24    createQueueProposalInstruction({
25      proposal: proposal.publicKey,
26      timelockPeriod,
27      config: config.queue,
28    }),
29    
30    // Create timelock state
31    createTimelockStateInstruction({
32      proposal: proposal.publicKey,
33      eta: calculateExecutionTime(timelockPeriod),
34      actions: proposal.actions,
35    })
36  )
37  
38  // Process timelock
39  const signature = await sendAndConfirmTransaction(
40    connection,
41    transaction,
42    [payer]
43  )
44  
45  // Update proposal state
46  await updateProposalState(
47    proposal,
48    ProposalState.Queued
49  )
50  
51  return signature
52}