GigaDAOUpgrader

Mainnet Program ID: GzMvD8AGSiRhHapNsJzUMoYR3pkbCg6vPnnopaeFZE7E

This Solana on-chain program is implemented in anchorlang framework and serves to gate control of key smart contracts and treasury programs behind the GIGS governance token.

Note: The design goal of this program can be summarized in one word: simplicity.

It's written to be as easy to audit as possible. It can be deployed for use with any spl governance token, not just GIGS. We used the variable name gigs_mint, but it's not hardcoded, so if you deploy your own instance and initialize it with a different SPL governance token in place of GIGS, it will still work as expected. Also, this program intentionally avoids generic transaction types. It's meant only for program upgrades and program upgrade authority changes.

Voting

This program is capable of executing two types of governance proposals:

1. Upgrade Program
2. Set Authority

In other words, this is a program for controlling other programs. The governance process is straight forward.

1. A tokenholder calls propose, specifying the type of proposal and its parameters.
2. Other tokenholders cast_ballot, thereby locking GIGS into that proposal.
3. Any voter can call close_ballot at any time to retrieve their GIGS.
4. If a proposal reaches the approval threshold of 110M GIGS, then the apt execute instruction can be called.

Upgrade Authority

This contract is not upgradeable. This means it is written in stone, i.e. Code Is Law.

Verification

This program was deployed using anchor build --verifiable, meaning that anyone can download this repo, build it locally (using anchor's docker verified build routine), and confirm it matches the on-chain binary.

Prerequisites:

• solana-cli v1.11.10
• anchor-cli v0.25.0
• node v18.8.0
• yarn
• docker

After installing the prerequisites, clone this repo, install with yarn install, followed by:

anchor verify -p gdupgrader GzMvD8AGSiRhHapNsJzUMoYR3pkbCg6vPnnopaeFZE7E