> ## Documentation Index
> Fetch the complete documentation index at: https://docs.percent.markets/llms.txt
> Use this file to discover all available pages before exploring further.

# Transparency & Governance

> How $PERC governance operates through futarchy and quantum markets

## Overview

\$PERC governance operates through futarchy, a decision-making framework where proposals are evaluated through prediction markets. Unlike traditional governance, percent leverages quantum markets to optimize across multiple continuous variables simultaneously.

**Core Principle:** Enable data-driven, market-based decision-making for optimal protocol parameter selection and treasury management.

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## Governance Structure

### Futarchy-Controlled Treasury

The percent treasury is owned and controlled entirely by futarchy governance through quantum markets.

**Treasury Address:** `4ySrS3XEn8ouZfA2JAgS9uZ5BWeVCyyR16wgJ1Tyh9aG`

All treasury operations—including asset allocation, emissions schedules, and strategic investments—are determined through prediction markets that optimize for protocol success metrics.

<Card title="View Protocol Addresses" icon="wallet" href="/addresses">
  See all protocol addresses including treasury and token contract
</Card>

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## Quantum Markets for Decision-Making

Percent uses quantum markets to evaluate proposals across continuous parameter spaces, enabling optimization of:

* **Emission rates**: Dynamic token distribution schedules
* **Treasury allocation**: Multi-asset portfolio management
* **Protocol parameters**: Fee structures, market durations, thresholds
* **Strategic initiatives**: Development priorities and resource allocation

**How it works:** Instead of binary yes/no votes, quantum markets aggregate information across multiple possible parameter values to identify optimal configurations.

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## Participating in Governance

### View & Trade Proposals

Active governance proposals are available as prediction markets at [percent.markets](https://percent.markets), where you can trade on proposal outcomes and influence protocol decisions.

### Submit a Proposal

To submit a governance proposal, reach out to the team via [Discord](https://discord.gg/Vf38Mqhxu5) or submit through the governance forum (coming soon).

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## Current Protocol Emissions

**Daily:**

* 500,000 \$ZC tokens to percent treasury

Percent currently receives ZCombinator emissions as development support. These \$ZC tokens are held in the percent treasury and managed by futarchy governance.

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## Decision Criteria

**Primary Metric:** Price performance of \$PERC token

Futarchy markets evaluate proposals based on their predicted impact on token price, aligning governance decisions with protocol value creation.

Additional metrics and multi-objective optimization may be incorporated as the governance framework evolves.