Vol. I, No. 1 Monday, August 31, 2026 Band Protocol — Governance Rights Report
Executable rights. Machine-readable determinations.

Probity Institute

Band Protocol — Governance Rights Report

Verdict

Band Protocol

BAND — Governance Rights Report
Tier 2 S1 — Token-Governed Protocol Assessment as of 2026-10-01
GSA-1 near-miss GSA-2 pass GSA-3 near-miss GSA-4 fail GSA-5 near-miss GSA-6 fail GSA-7 fail GSA-8 fail

Why this rating: BandChain is a DPoS Cosmos chain governed on-chain by BAND stakers (validators + delegators); 2% of block rewards flow to a Community Fund Pool distributed per governance decisions. Governance is active into 2026 (v3.1.3 upgrade via cosmoscan proposal #19; governance-gated oracle-script proposal Aug 2026; BCGP grants Nov-Dec 2025). GSA-1 near-miss: the Community Fund Pool (2% of block rewards) is governed on-chain via contract, but the Band Protocol corporate treasury (raised capital) sits outside chain control; GSA-2 pass: delegators can instantly redelegate (removing validator power), override validator votes, and validators are slashed for misbehavior — Cosmos recall mechanics (dYdX precedent)

Where to Vote

Proposal History

No proposal history is available for Band Protocol in the current scanner window.

Metrics

Curated metric — next quarterly update. On-chain revenue, treasury, and distribution-enforcement reads are not yet wired for this DAO's space in the Institute's state files; the quarterly re-assessment cycle will populate this block.

Structure & History

Structure: S1 — Token-Governed Protocol.

S1-S5 protocol business structure taxonomy, as-of 2026-08-27 (structure taxonomy date); scores as-of 2026-10-01 (first scored 2026-07-23; quarterly recheck #2, cycle 2026-08-31 -> 2026-10-01)

Assessment flags