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Decision markets govern the project treasury on every launch, in every ownership structure. The treasury holds the raised funds, the trading fees, and the revenues. Day-to-day operations stay with the founding team; decision markets are scoped to high-impact choices, like treasury allocation and structural changes. For founders, the markets work like a board: backers get a structured, market-mediated say over major decisions. For backers, the markets replace trust in founder discretion with a mechanism.

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How a proposal works

1

A holder opens a proposal

A token holder with at least 5% of supply can create a proposal.
2

The market prices it

The proposal runs as a market on Star, on the project’s own page. Markets are also available on combinator.trade. Participants put capital behind outcomes. The prices are a real-time signal on which decision is expected to maximize long-term value.
3

The outcome executes

The market outcome decides whether the treasury action is carried out.

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What the markets govern

  • The treasury. Raised funds are released to the team in monthly allowances. Larger expenditures require a proposal.
  • Allowance changes. The monthly allowance can be increased or decreased through a proposal. A founder proposes an increase; holders can propose a decrease. Both go to the market like any other treasury decision.
  • Structural changes. A shift to a different funding structure, or a follow-on fundraise, goes to the market.

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What this gives backers

  • Founders cannot extract funds or force major decisions unilaterally.
  • Treasury usage is visible and governed by predefined mechanisms.
  • Backers can react when information changes, not only at governance windows.