This document defines the eligibility rules, voting structure, and governance timelines for the Ether Cards Punk Staking Program. These rules apply to the first governance vote concerning CryptoPunk #9132.
Participation in governance is card-based, not wallet-based.
An eligible participant is an Ether Cards Community Membership Card (ECC) that meets all of the following conditions:
The ECC has been properly activated using an Original Ether Card (OEC)
The ECC is active (non-zero score, minimum 10k $GALAXIS deposited)
The ECC remains active throughout the voting window
Each eligible ECC represents one independent governance participant.
The following are not eligible to participate in voting:
Wallets without an activated ECC
Deactivated or unused ECCs
ECCs with zero score
Original Ether Cards (OECs) that have not been used for activation
Eligibility is evaluated at the time voting opens.
Governance follows a one-card-one-vote model
Each eligible ECC is entitled to exactly one vote
Voting power is not weighted by:
Score
GALAXIS amount
DUST amount
Card tier (Founder / Alpha / OG)
Important distinction:
Scores determine reward allocation, not voting power.
The first governance vote concerns CryptoPunk #9132 and consists of two separate votes:
Eligible ECC holders vote on how the Punk should be listed:
Floor price
Attributes floor price
Eligible ECC holders vote on whether to:
Proceed with selling the Punk, or
Not sell the Punk at this time
If the community votes to sell, execution will follow the approved listing strategy.
If the community votes not to sell, a new governance vote regarding the same Punk will take place 30 days later.
Any handling of unsold listings, price adjustments, or timing changes is subject to governance decision.
Voting will be conducted directly through the Ether Cards Community Membership Card (ECC) using a dynamic voting badge.
During the voting window, each eligible and active ECC will receive a temporary governance badge attached to the membership card. This badge enables the cardholder to participate in the vote by selecting their choice from an on-card voting menu.
Votes are submitted on-chain through this interface and are final once cast.
Only ECCs that receive the voting badge are able to participate, ensuring that voting access is limited strictly to eligible, active cards.
The voting badge is active only for the duration of the voting window and is removed automatically once voting closes.
Program started: July 21, 2025
Program duration: 180 days
Program end: January 17, 2026
The program continues to accumulate scores throughout its full duration.
The first governance vote will take place during the following period:
Voting opens: Monday, January 19, 09:00 CET
Voting closes: Friday, January 23, 13:00 CET
Snapshot date: Sunday, January 18
Purpose:
A snapshot of each eligible ECC’s total accumulated score will be taken.
This snapshot will be used only for reward allocation calculations.
The snapshot does not affect voting eligibility or voting power
Only ECCs that are eligible at the opening of the voting window may participate.
No governance action will be executed without a clearly defined vote
Rules will not be changed retroactively
All governance decisions are executed transparently
Future governance mechanics (including additional votes or assets) will be published in advance
The 6-month mark represents a governance milestone, not an automatic end or reset of scoring.
Scores continue accumulating unless explicitly stopped by governance.
Governance decisions apply only to the assets and scope defined in each vote.