Governance

The Flaunch protocol has an option for a protocol fee to be enabled. When enabled, a percentage of swap fees are managed and used through Tally proposals via $FLAY holder voting.

Introduction

$FLAY token holders can propose, vote on and execute onchain proposals through governance. We use Tally.xyz to manage our governance proposals and execution.

Our $FLAY token implements the ERC20Votes standard to power our governance.

The token governance has two key areas of control in the Flaunch protocol:

1. Control of enabling and disabling a protocol fee

2. Utilizing ETH earned from protocol fees

Governance Resources

https://github.com/flayerlabs/flaunch-gitbook/blob/main/community/proposals-tally.xyz/proposals-and-voting.mdhttps://github.com/flayerlabs/flaunch-gitbook/blob/main/community/proposals-tally.xyz/protocol-fee-switch.md

Contract Addresses

Ethereum Mainnet (Chain ID: 1)

Contract	Address
Governor	0x8BA5eA8c8b1Aafe9dbcb7a36737AcfAd6afa5D38
Token	0xF1A7000000950C7ad8Aff13118Bb7aB561A448ee
Timelock	0x6c4c0CD7E0E5eeFfbd77AAfe1820d3b9B1ef27b0

Base Mainnet (Chain ID: 8453)

Contract	Address
L2Owner	0x000000000Bb63D5c070d0D5791517886a4d8C545