Governance

Theory

The goal for all contracts is to be ungoverned/permissionless, as a default. VUSD is progressively moving in this direction.

Whitelisting tokens for use in VUSD is a notable exception to this goal.

Token Whitelisting

One unavoidable choice is token whitelisting, choosing which Tranche 1 stablecoins and Tranche 2 coins and pools are acceptable within the VUSD system.

At present, token whitelisting, by virtue of selecting new Minter and Treasury contracts, is accomplished via a Vesper Finance pool ops multi-signature Gnosis Safe.

In the future, the goal is to move to a token-based voting governance system.