Olympia Staged Rollout

The hard fork itself. EIP-1559 activates and the basefee is redirected to the protocol treasury rather than burned; the execution layer advances through Glamsterdam; client security parameters take effect, including a minimum miner tip and the return of chain-reorganization resistance. The treasury contract deploys at this fork — the governance suite that spends from it does not.

Depends on: Nothing. This is the foundation every later stage builds on.

The governor, timelock, executor, membership NFT and funding-proposal registry deploy, and the treasury becomes spendable. These are contracts on a chain whose consensus rules are already settled — no fork, no client divergence. The gap after Stage 1 is deliberate: it is the audit window for the governance layer, and the treasury accrues revenue throughout it.

Depends on: Stage 1 — the treasury must exist and be accruing before anything can spend from it.

A futarchy track running as a subordinate DAO alongside membership voting, never replacing it. Traders hold conditional positions on ETC's price under a proposal accepted and rejected, and the branch priced higher wins. Collateral is ETC and Classic USD, both already live, and it is custodied by the conditional-token contracts rather than by the treasury. Its only interface to the treasury is an ordinary funding proposal, like any other applicant. The sanctions compliance oracle deployed in Stage 2 applies here as well, because funds move.

Depends on: Stage 2 for the funding path. It also needs the conditional-token contracts and an ERC-1155 wrapper on Ethereum Classic — deployment work rather than a capability gap, since both target EVM semantics ETC has had since Spiral in 2024 and are permissionless to deploy. Stage 3's position is a sequencing choice, not a technical dependency. The streaming-disbursement half can proceed ahead of the markets themselves.

A smoothing curve that routes a share of treasury-held basefee back to miners, spreading each block's contribution across a future window so the payout is steady rather than volatile. Every parameter is adjustable through governance without a fork, which is the point: the network learns the right curve by running it while block rewards still secure the chain.

Depends on: Stage 2 — the funding-proposal machinery is how each candidate curve is paid.

The second hard fork. Once a curve has been demonstrated in production, it is embedded into block finalization permanently — paid by the protocol rather than disbursed from the treasury, and no longer adjustable by governance. Changing it afterward costs a fork, which is the guarantee being bought.

Depends on: Stage 4, and only after it has produced real observational data. Hardening a number nobody has measured would repeat the mistake the staging exists to avoid.