Governance

There is no DAO. Only the cartel.

Not governance. Command.

IMF is an autonomous organization. But not the kind you’re used to. No forums. No endless votes.

Just roles, rules, and onchain power.

Cartel structure

Each role in the IMF Cartel maps directly to a core permission in the Morpho framework. Here’s how our world of Bosses, Fixers, Runners, and Plugs aligns with Morpho’s protocol architecture:

Boss → Owner

Black boilersuit. Final authority.

Holds the keys
Routes treasury flows
Assigns and replaces all other roles

Fixers → Curator

$IMF tacticians. Turf managers.

Add or remove markets
Adjust supply caps
Guide protocol direction

Runners → Allocator

Red boilersuit operatives. Liquidity logistics.

Deploy USDS across markets
Manage capital allocation
Keep the cartel efficient

Agents → Guardian

Embedded memecoin delegates. Protocol protectors.

Defend turf
Prevent unwanted changes
Represent token communities

These mappings ground our cartel-coded hierarchy in enforceable onchain logic.

Powered by Morpho and the Salutary standard.

No soft power. Just the hard kind.

Bribes, not ballots

You don’t need a proposal. You need a position.

Want your token listed? Accumulate $IMF.
Want to influence markets? Signal conviction.
Want to move the protocol? Raid the vault.

Not corruption. Coordinated collusion.

Listing criteria

Not every token gets to play.

To be considered for listing as collateral in the IMF vault, your project must meet the following baseline requirements:

Deployed on Ethereum mainnet – L2s may enter later, but mainnet is the proving ground.
At least $750k in reliable onchain liquidity – Supports a stable oracle from our partner DIA.
Live oracle feed via DIA – Deployed and funded with ETH to sustain adequate price updates.
Backchannel through snapshot.box – Listings are prioritized based on standing in our snapshot.box space, where $IMF holders signal support by staking conviction.

There is no form. No pitch deck. Just one path forward:

Accumulate $IMF. Bribe the cartel. Earn your spot on the board.

We don’t list tokens. We initiate them.

Conviction-based control

In IMF, power flows where belief concentrates. We don’t reward participation. We reward positioning.

$IMF is your access pass – Bribe the cartel. Guide the protocol.
The vault is your battleground – One vault. Many fronts. Credit is how you make moves.
Your wallet is your signal – Bids don’t lie. Capital is conviction.

Cartel-coded coordination beats sterile governance theatre.

Governance isn’t a feature. It’s an outcome.

Cartel codebase

We don’t do constitutions. We do protocols.

Enforcing order:

Ethereum: The console
Your wallet: The controller
Morpho: The underlying engine
IMF: The operating system
$IMF: The cheat code

Explore the IMF vision to gain an understanding of the world we’re building.

Every protocol has a “DAO.” We have a chain of command.