> For the complete documentation index, see [llms.txt](https://goomoney.gitbook.io/goo.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://goomoney.gitbook.io/goo.money/protocol/governance.md).

# Governance

## Governance

GooMoney is governed by its community of stakers.\
By converting GOO into sGOO, users not only earn protocol rewards but also gain the ability to vote on key decisions that shape the future of the protocol.

Governance is conducted through **Commonwealth**, a platform where discussions, proposals, and on-chain votes are coordinated in one place.\
All governance activity is transparent and fully recorded on-chain.

### Who Can Vote

Anyone holding sGOO, the staked version of GOO, can participate in governance.\
Voting power is proportional to your sGOO balance at the time of the proposal snapshot.

### What Can You Vote On

sGOO holders can vote on a wide range of proposals, including:

* Treasury composition and asset diversification
* Yield strategy allocation&#x20;
* Emission rates, staking rewards, and distribution rules
* Bonding terms including discount rates, vesting periods, and caps
* Parameters for Convertible Debt Loans
* New integrations, deployments, or protocol upgrades

### Governance Platform

GooMoney uses **Commonwealth** as its governance hub.\
This platform supports both proposal discussions and on-chain execution through a user-friendly interface.

#### On Commonwealth, you can:

* Read and discuss active or proposed changes
* Submit your own proposals if you meet the requirements
* Vote with your sGOO on proposals during the voting window

### Why Governance Matters

Governance ensures that GooMoney remains decentralized, transparent, and aligned with the interests of long term participants.\
Stakers play a critical role in defining the protocol’s evolution. From treasury strategy to emissions policy, influence belongs to those who commit capital and time.

**As GooMoney grows, so does the responsibility and power of its community.**


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