🌠Governance Instruments: Governance NFT & “Chief Steward” Cards

Governance must be backed by long-term commitment. Loop binds rights and duties through an NFT governance card system:

Governance “Elite” Card (NFT).

• Staking threshold:2,000 LOOP; minimum lock:90 days.

• Rights:Governance voting; daily profit participation calculated as 0.23% × holder’s weight(programmatic allocation from system profits, not a promised yield).

• Supply:Unlimited.

“Chief Steward” Card (limited).

• Issuance:Requires≥ 75%approval from Elite Card holders.

• Rights:Exclusive proposal rights over the Community Fund.

• Supply: Two in total (one held by the developer).

The Chief Steward constraint ensures that initiation power over public budgets is concentrated in identities with broad, long-term mandate, while execution remains contractual and on-chain.