MAGNE’AI’s governance system enables $MHA holders to directly participate in protocol-level decisions, with voting power proportional to their token holdings. Governance acts as the brain of the network—no changes to core protocol behavior can be enacted without passing through the on-chain governance process, ensuring transparency and decentralized control.
The governance body is responsible for strategic decision-making regarding protocol operations and long-term direction. Responsibilities include:
All major changes must go through a formal governance proposal and voting cycle before implementation.
Manager Role
The Manager is tasked with handling urgent protocol actions requiring immediate execution—such as pausing pools or the vault in case of threats. Managers are also responsible for executing operational changes already approved through governance, allowing fast action within pre-defined governance boundaries.
Authorizer Role
The Authorizer acts as the protocol’s permission controller, connecting governance decisions with executable protocol functions. It ensures secure access control across the system by enforcing authorization logic on every sensitive operation. Working with the governance timelock, it ensures that all changes are vetted and executed securely.
Coordinator Role
The Coordinator oversees the final execution phase of governance proposals. It manages staging, sequencing, and timing of upgrades to ensure all actions follow protocol rules. Coordinators also have emergency powers to cancel or delay changes if issues arise during deployment, maintaining the integrity of the governance process.