Anoma Governance V2 is here, and with it the Anoma DAO comes to life. Starting now, XAN holders can propose and vote on changes to the XAN token protocol, including supply, functionality, treasury, and governance settings. There’s no committee sitting between the vote and the outcome, and no trusted intermediary deciding what gets approved.

Here is what changed, and how to take part.

What Governance V2 does

The previous system had governance logic built directly into the XAN token, which made it rigid and awkward to improve. V2 lifts that logic out of the token and rebuilds it as a proper DAO.Three things arrive with the upgrade:

1. The Anoma DAO: Proposals, voting, and execution now run through a dedicated governance contract built on OpenZeppelin's Governor framework, the same well-tested standard behind many of the largest DAOs in crypto.
2. Vote delegation: You can vote with your own tokens, or delegate your voting power to someone whose judgment you trust. Delegating takes one action, and you can change or reclaim it whenever you want.
3. Vesting for locked tokens: Balances that were locked under V1 will now unlock gradually, vesting linearly over three years, starting 29 September 2026 at 12:00 UTC. You can claim whatever has vested at any point along the way.

One detail deserves emphasis: locked tokens can still vote. Your voting power reflects your entire balance, vested or not. Nobody loses their say because their tokens have not finished unlocking.

How voting works

The process is deliberately unhurried, because changes to a protocol holding real value should not happen in an afternoon.

1. Someone writes a proposal. Creating one requires holding at least 25,000 XAN, which keeps the queue clear of spam.
2. A seven day review window opens. Voting does not begin right away. The delay gives everyone time to read the proposal, discuss it, and form a view.
3. Voting runs for fourteen days. You choose For, Against, or Abstain.
4. The result gets checked. A proposal needs at least 10% of the voting supply to participate, plus more For votes than Against, to pass.
5. A fourteen day waiting period follows. Approved proposals sit in a timelock before they take effect, so if something looks wrong there is time to react.
6. Anyone can execute it. Once the wait is over, any address can trigger execution. The outcome never depends on a privileged party choosing to act.

From proposal to execution, a change takes roughly 35 days.

The safety rails

Two mechanisms hold the system together.

The timelock controls the XAN token and is the only thing capable of changing it. Every approved action passes through it and waits out the delay, so no upgrade can land without a public heads up first.

The upgrade council, a multisig, exists purely as a backup. If participation ever falls so low that nothing can reach quorum, the council can schedule critical upgrades so the protocol does not freeze. Its power is narrow on purpose. A council upgrade takes 42 days, which is longer than the voter path, and holders can cancel it during that window. Holders can also replace the council or strip its permissions outright, and the council has no ability to block that.

Voters sit above the council by design.

How to participate

Delegate your votes. Voting power only counts once it has been delegated. Delegate to yourself to vote directly, or to another holder to pass your weight along.

Follow the proposal queue. Every proposal is public from the moment it’s created, and you get a full week before voting opens.

Vote. For, Against, or Abstain, onchain, with weight proportional to your balance.

Why this matters

Handing upgrade authority to token holders is the difference between a project run by its builders and a protocol owned by its community. Anoma's direction, its parameters, and its future code now answer to the people holding XAN.

To participate in Anoma Governance, visit portal.anoma.net.