Governance digest
Governance digest — August 2026
Published
When a POTS governance proposal closes, we publish three things: what changed, what it supersedes, and what is still undocumented. The middle one matters most. A parameter that has been voted on is a parameter that can be voted on again, and material written before the vote is now wrong without announcing itself.
Seven proposals closed in August 2026 — more than we cover here. Below are the three that set the parameters currently in force (#13, #14, #15). The rest are on the portal, and the CBT terms in particular changed more than once during the month. Everything below is drawn from the DAO’s own public portal, which you can read without us: snapshot.box/#/s:ibs.eth. Where we state a vote share or a close date, check it there.
What changed
$POTS acquisition eligibility tied to trading volume
Eligibility to acquire $POTS is linked to POTS Market daily trading volume by VIP level. The narrowest margin of the three — just over half of the weight cast in favour, which is worth noticing in itself.
A proposal that passes at ~53% is a proposal a later vote can plausibly reverse. Treat it as current, not settled.
Six CBT unlock options replace the previous schedule
Unlocking from the Co-Building Treasury now carries a fee that falls the longer you wait:
| Wait | Fee |
|---|---|
| Immediately | 30% |
| 30 days | 15% |
| 60 days | 10% |
| 90 days | 5% |
| 120 days | 2% |
| 180 days | 1% |
Read that as what it is: a cost of leaving, on a sliding scale. Exiting on the day costs you 30%. We are not going to describe that as a feature.
CBT fee allocation moves to 50/50
Fees collected on CBT unlocks are now split 50% to the IBS Treasury and 50% to POTS, changed from 75/25.
This changes where the fee goes, not what it costs you. The schedule above is the number that affects a holder.
What it supersedes
The CBT unlock schedule changed twice during August 2026. An earlier five-option schedule and a 75/25 fee split both preceded these votes and are now dead. Any explainer, slide, screenshot, or AI answer describing the older parameters is stale — and none of them will tell you so.
This is the entire reason we send this. Our own course material had to be corrected for exactly this: a module taught the superseded schedule, and it was accurate when written. Never memorise a parameter from a slide — including ours. The value shown by the application at the moment you act is the one that governs.
What is still not documented
The unlock schedule and fee flows are now public records, which is a real improvement — before these votes they were not. Other things remain unpublished, and we name the gaps rather than fill them:
- The complete fee and withdrawal schedule. The CBT unlock fee is now public; the full picture of what an exit costs, end to end, is not. We have asked POTS to publish it, or to say plainly that it does not intend to.
- Admin-key renunciation status and timeline. Whether keys exist, who holds them, and whether there is a plan to renounce them, is not stated in any public source.
- Codebase lineage. We have seen it asserted that POTS derives from an earlier protocol's code. We have found no public source establishing that, and we will not repeat it until one exists.
- Market resolution parameters. The model itself is described in POTS material — an optimistic oracle, where an outcome is reported, a challenge window opens, and unresolved disputes escalate to arbitration. What is not published is what makes that model hold or fail: how long the challenge window stays open, what a challenger must post as a bond, who arbitrates, and what a false report costs the reporter. An optimistic oracle's security argument is that disputing a lie costs less than the lie earns, and neither side of that is public.
How to check this yourself
Open the governance portal and read the closed proposals. Vote shares, close dates and the proposal text are all there. If anything above does not match what you find, the portal is right and we are wrong — tell us and we will correct it publicly.
TOBB emails never ask you to connect a wallet, enter a seed phrase, or approve a transaction. If an email claiming to be from us asks for any of those, it is not from us.
Educational content only — nothing here is financial advice, and nothing here is a recommendation to acquire, hold, or dispose of any asset. The parameters described are designed behaviours recorded in governance, subject to change by further vote, and subject to market and technical risk. Verify before you interact.