Holders' Assembly
All staked participants, weighted by stake and lock duration.
- Emission parameters
- Treasury allocations within published bands
- Licence tariff bands by class
- Language registry admissions
- Amending the framework, within the Column
The protocol's commercial value rests on counterparties being able to contract without pricing in the risk that a future vote changes the terms.
Governance can change what the protocol does next. It cannot reach backward into an instrument it has signed.
The standards that decide whether a corpus is fit for licensing into regulated use. A body able to lower a floor to admit more supply could degrade the material the whole commercial premise depends on.
Holders may set panel rules, severity weights and appeal thresholds. They may not reverse a specific finding — appeals require a process, not a vote.
Executed licence terms, gateway arrangements in force and published disclosures do not become revisable because a majority would prefer otherwise.
All staked participants, weighted by stake and lock duration.
Bonded validators, weighted by adjudication accuracy and volume — not by stake alone.
Engineering and security contributors appointed by the Assembly on the Council's nomination. Term-limited; no concurrent Council seat.
Amending the Column needs the highest supermajority in the framework, plus a fixed interval between passage and effect — so a decision made in unusual market conditions cannot execute before reversal is possible.
Consent scopes are stored as hashes of a structured attestation held off-chain. The public record shows that a scope exists and its class, without disclosing its terms.
Withdrawal removes a corpus from active storage, blocks new licences and derived assets, and records the revocation on-chain. It cannot reach weights already trained — and the framework says so.
A gateway can refuse requests from jurisdictions it is not authorised to serve. Compliance is partly delegated to intermediaries with direct regulatory exposure.
Fees in local currencies are collected by regulated intermediaries under licences the protocol does not hold. The gateway layer is how those claims reach the registry — and how distributions leave it.
Settlement instructions arrive through whichever regulated channel is lawful in the jurisdiction.
Fiat converts to TLVY only where the protocol's own share is realised — never for counterparty-facing transactions.
Sanctions and wallet-level checks run before any distribution instruction is released.
Reports reconcile against issued licences and recorded tasks in the registry.
A counterparty's bill stays in its own currency from quotation to settlement.
The token-level event is invisible to the counterparty, which keeps the necessity test honest: no customer is ever asked to price token exposure into a service contract.
Multi-gateway operation is the default. Several gateways run in parallel with per-jurisdiction configuration, refusal rights and independent reconciliation — and a failure to reconcile halts issuance.