On star.fun, tokens are designed to represent genuine ownership - pairing upside potential with real downside safeguards. Two mechanisms work together: equity-backed tokens tie value to a real company, while decision markets keep the treasury accountable to holders.
Upside - equity-backed value
Through Bedrock, a token connects to actual equity structures rather than existing as a standalone asset. If the company is acquired, value flows through that equity to holders, and the explicit rights and obligations make the model straightforward to evaluate.
Proposal power
Holders representing 5% of supply can initiate treasury proposals on combinator.trade, putting real governance in investors' hands rather than leaving it to founder discretion.
Real-time responsiveness
Investors can react continuously to new information through the decision market, rather than waiting for scheduled governance events.
Automatic discipline
Major expenditures and structural changes must pass through market governance instead of unilateral decisions, so capital can't be arbitrarily diluted or misused.
Transparent accountability
Governance runs through transparent, on-chain processes - every proposal and outcome is visible, keeping the treasury answerable to holders.
Built by meana