Proposal to increase annual staking rewards from 8.2% to 9.5% to attract more validators and improve network decentralization. Funded from protocol treasury reserve.
Add T-Bill Backing Alternative: Sovereign Sukuk Layer
ACTIVE
Replace US T-Bill component of UUSD backing with AAA-rated Sovereign Sukuk to fully remove Riba concerns raised by SSB. Maintains 200% collateralization ratio.
Allocate $500K Treasury to Trail of Bits Security Audit
PENDING
Fund a comprehensive security audit of Ultra Chain core protocol by Trail of Bits. Scope includes consensus layer, cryptographic implementation, and smart contract framework.
The Sharia Supervisory Board holds veto authority over all governance proposals. Any protocol change that violates AAOIFI standards is subject to SSB review and potential veto before execution.