Governance model

Welcome to CipherDAO

CipherDAO is the governance layer of the Cipher ecosystem. It exists so the people who believe in the protocol can actively shape how it evolves. Governance is not abstract or symbolic here. It directly influences how Cipher and Orbit Finance grow, upgrade, and operate over time.

By holding a Cipher Owl NFT [Check on Magic Eden], you gain the right to participate in governance. This includes proposing changes, voting on decisions, and helping steer the long-term direction of the ecosystem. Each Owl represents a real voice in the system. Individually those voices matter, and collectively they decide where Cipher goes next.

Governance is designed to reward long-term alignment rather than short-term speculation. Voting power increases with commitment, while still keeping the system simple and understandable.

Voting Power

Voting power scales with the number of Cipher Owl NFTs you hold:

• Holding 1 Owl gives you 1 governance power

• Holding 3 Owls gives you 2 governance power

• Holding 6 or more Owls gives you 5 governance power

This structure encourages deeper participation without allowing unlimited dominance by a single wallet.

Council Votes

In addition to community voting, CipherDAO includes a council layer designed for stability during critical phases.

• Council wallets receive 1 vote per month

• Council votes do not stack if unused

• During the bootstrapping phase, council wallets have unlimited voting access to ensure the protocol can move decisively while governance participation ramps up

Over time, as the DAO matures, more responsibility shifts from council control to community-led decision making.

CipherDAO exists to make sure governance stays transparent, accountable, and grounded in real ownership. If you hold an Owl, you are not just a supporter. You are part of the decision-making process that defines the future of Cipher.