# Governance Principles The founding team will always provide the community answers to these basic questions for every material decision the team makes: * What decision has been made? * Why was that decision made? * Who is impacted by the decision? * When is the decision going into effect? * How can the community provide feedback and voice their opinion? ### Founding Principles As with other projects in the DeFi space, Vesper's governance will emerge from community collaboration and participation. **We begin the project with a few simple governance principles:** * Any and all material changes to Vesper products and VSP should be proposed in public, with code, with appropriate time for community feedback. * We believe that a responsible yield farming network can remain in the founding team's hands for the initial phase only, until power can be transferred to the community. Our roadmap for progressive decentralization outlines our strategy for transitioning to fully autonomous and decentralized decision-making. * We believe a successful governance system should minimize the time and cost necessary for a person or entity to participate in governance. We will explore gas-efficient methods of voting like Layer 2 scaling solutions to reduce costs associated with voting. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.vesper.finance/community-participation/founding-principles-of-governance.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.