Governable Parameters
veBTC holders can adjust where MEZO emissions land, allowing them to modify the weekly emissions distribution with chain splitters. Governable parameters are:| Parameter | Description | Constraint |
|---|---|---|
| Chain Splitter ratio | Share of emissions to validators vs ecosystem | ±1% per epoch max |
| Ecosystem Splitter ratio | Share of emissions to staking vs ecosystem gauges | ±1% per epoch max |
| Max boost multiplier | Maximum veMEZO boost on veBTC | Currently 5x |
Learn more about MEZO token Emissions
Explore the detailed MEZO emissions model and distribution flow
Governance Constraints
Mezo governance includes safeguards to prevent sudden changes:- Splitter inertia — Splitter ratios can only move ±1% per epoch. Significant changes require sustained community support over multiple epochs.
- BTC-anchored voting — Only veBTC holders can vote on governance proposals. veMEZO boosts voting power but grants no independent governance rights.
Future Development
Governance structures may evolve to include:- Formal proposal and voting mechanisms (e.g., Governor Bravo)
- Additional governable parameters
- Validator selection via gauge voting under proof-of-stake