Governance

Minto Governance encompasses the proposal and decision-making processes for matters relevant to the protocol. The BTCMT token, including staked BTCMT, empowers their holders to collectively govern the Minto Protocol by enabling them to vote and submit proposals. All future protocol decisions will be made using this procedure. BTCMT holders can propose and vote on the following changes to the Minto Protocol:

• Treasury management, including the use of treasury funds to purchase new miners, cover additional operational overheads, and run incentivization programs;

• mining process parameters, such as Average Energy Efficiency (AEE), Customer Energy Efficiency (CEE), Treasury Energy Efficiency (TEE), and uptime mode;

• implementation, deprecation, and modification of Minto smart contracts, including BTCMT minting/burning related to the purchase or decommissioning of miners;

• centralized and decentralized exchange listings;

• the governance process itself.