Governance Policy.

Current status

ILTERRA is considering token-holder participation in defined ecosystem decisions. No token-holder voting system is currently operating or enforced by the deployed Jetton contract. Holding ILT therefore does not currently confer an exercisable vote under this policy. The contract administrator retains the permissions described in Token Information, including the present ability to mint additional tokens.

Voting framework being considered

The following principles describe the framework under discussion; they will apply only if a final governance process is adopted and implemented:

• Voting power would be 1 ILT = 1 vote, based on a defined on-chain balance snapshot.
• A proposal would be published at least 7 calendar days before voting opens.
• Voting would remain open for 14 calendar days. Voters would choose For or Against; abstentions would not count as votes cast.
• No minimum participation threshold is currently proposed. A proposal would pass only if weighted For votes exceed weighted Against votes; a tie would fail.
• An approved proposal for additional issuance would be subject to a 30-day delay before execution.
• The proposal text, result and execution outcome would be made public.

Decisions still to be made

The project has not finalized who may submit proposals, any minimum holding, the snapshot method, the treatment of treasury tokens, the decisions open to voting, emergency powers, dispute handling or the legal effect of a result. A 5% proposal threshold has been discussed but is not adopted.

Publishing voting rules alone would not remove or limit the administrator’s on-chain authority. Any final process will need to state how a result is verified, who executes it, and which controls make the commitment effective. Until then, the principles above are a description of planned governance, not a promise that any particular vote will be held or implemented.