Governance
Amber Finance operates under a transparent, contributor-driven governance structure designed to ensure the protocol’s long-term success and alignment with user interests.
Governance Structure
Multisig DAO
Amber Finance is currently steered by a Multisig DAO on Neutron .
This multisig structure is responsible for making operational and strategic decisions, including protocol upgrades, parameter adjustments, and treasury management.
Key Governance Components
Multisig Signers
- Experienced DeFi practitioners
- Security experts
- Community representatives
- Technical advisors
Decision-Making Process
- Transparent proposal system
- Multi-signature execution
- On-chain verification
DAO Operations
Current DAO Address
Neutron: neutron1ld67026gdnq4x2uyddhcdrtesxh0sypummyv9hsslm8es8yej8fqct70qj
Mars Protocol Foundation Integration
Revenue Sharing
All revenue generated by Amber Finance contributes directly to the Mars Protocol Foundation (MPF) , ensuring alignment with the broader Mars ecosystem.
Revenue Sources
- Deposit and Borrow Revenue
- Liquidation Bonus
- Swap transaction fees (5 basis points)
Current Governance Limitations
No Governance Token
Note: There is no Amber Finance governance token (such as “AMBER”) live at this time. Governance decisions are not made through token voting but instead via multisig coordination among trusted signers.
Why Multisig Governance?
Security Benefits
- Reduced attack vectors
- Controlled upgrade process
- Emergency response capabilities
- Risk mitigation
Operational Efficiency
- Faster decision-making
- Reduced governance overhead
- Technical expertise focus
- Streamlined execution
Future Considerations
- Potential governance token launch
- Community voting mechanisms
- Decentralized governance evolution
- Token holder participation