# 6. Governance and Tokenomics

## 6.1 Governance Overview

KTON follows a progressive decentralisation model.

### Voting Power

| Token     | Purpose                            | Voting Weight     |
| --------- | ---------------------------------- | ----------------- |
| **$KTON** | Liquidity token & governance power | *1x* (per jetton) |

### Core Modules

* **Parameter Committee** — Adjusts APY targets, fees, withdrawal buffer.
* **Operator Committee** — Whitelists / slashes node operators.
* **Treasury Committee** — Allocates budget for audits, liquidity mining and R\&D.

All modules operate under the **Timelock Executor** described in Chapter 5.

## 6.2 Token Supply & Distribution

*KTON does not employ a separate governance token at this stage. Voting rights and economic exposure are both represented by **$KTON** itself. Therefore, no additional token supply schedule is required.*

| Allocation       | Notes                                    |
| ---------------- | ---------------------------------------- |
| Staking Rewards  | Reflected via $KTON exchange-rate growth |
| Treasury Reserve | Managed by DAO using $KTON inflows       |

## 6.3 Fee Model

* **Validator Rewards Fee:** A configurable share (set by DAO) goes to treasury.
* **Instant Withdrawal Fee:** Dynamic fee; its distribution between burn and treasury is determined by governance.
* **MEV Rewards:** Split between node operators and nominators based on a DAO-approved formula.

## 6.4 Treasury Management

Treasury assets (TON, KTON, USDT) are held in a **multisig wallet**. Expenditures require DAO proposal approval and timelock execution.

Typical budget items:

* Security audits & formal verification.
* Liquidity incentives (DEX pools, lending markets).
* Ecosystem grants for wallets, analytics, DeFi integrations.
* Community marketing & hackathons.

## 6.5 Road to Full Decentralisation

| Phase | Milestone                        | Control Level       |
| ----- | -------------------------------- | ------------------- |
| Alpha | Mainnet launch, Council multisig | Centralised         |
| Beta  | Governance token distribution    | Hybrid              |
| Gamma | On-chain voting live             | Decentralised       |
| Delta | Sub-DAOs activated               | Fully decentralised |

Next: **7. Security and Audits**


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.kton.io/kton-ru/6.-governance-and-tokenomics.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.