> For the complete documentation index, see [llms.txt](https://pegasys.gitbook.io/pegasys-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://pegasys.gitbook.io/pegasys-docs/future-research/governance.md). # Governance The PegaSys Network governance model is designed to ensure transparency, security, and decentralized decision-making across the network. The governance structure includes the following components: * **Node Operators**: Participants who operate the nodes in the network, stake wBTC. They have voting rights proportional to their stake. * **Community Members**: Users of the network who can propose and vote on protocol changes, submit challenges, and engage in governance discussions. Voting weight is determined by their activity and contribution to the network. * **Governance Council**: A multi-signature wallet controlled by key stakeholders (node operators, developers, community representatives) responsible for making high-level decisions, including protocol upgrades and dispute resolutions. ### Smart Contract Upgradability The smart contracts acting as the “higher” authority for the PegaSys Network are designed to be upgradeable, ensuring the network can evolve while maintaining security and trust. ### Yield Distribution A portion of the yield generated by the network is redistributed to the node operators in order to compensate them. The exact portion of total fees to be allocated to operators can be left to governance. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://pegasys.gitbook.io/pegasys-docs/future-research/governance.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.