> For the complete documentation index, see [llms.txt](https://nikepig.gitbook.io/nikepig/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nikepig.gitbook.io/nikepig/whitepaper/nikepig-whitepaper/governance.md).

# Governance

$NIKEPIG’s leadership consists of a core team of four — Guthix, Caleb, Elbonzys, and Spanners who have been leading key initiatives since August 2024. Operating under the Community Take Over (CTO) model, they now steer the project with a focus on transparency, progress, and community-driven direction.

A multisignature wallet with the handle **$feedthepig** was established as the main $NIKEPIG treasury. 

X account of the signers are:

* **Guthix -** [@Guthix19](https://x.com/Guthix19)
* **Elbonzys -** [@Elbonzys](https://x.com/elbonzys) 
* **Dr Caleb -** [@CalLovesTrading](https://x.com/CalLovesTrading)

In addition to $feedthepig, two more wallets have been created to streamline project operations:

1. **$nikespending** – A spending wallet designed to facilitate transactions that are not well-suited for multisig processes. This wallet ensures smoother execution of projects that require faster or more flexible spending mechanisms.
2. **$burnnike** – This wallet is intended to become a dedicated burn address in the near future. While it currently functions as a regular wallet, plans are in place to convert it to a true burn address to support the deflationary aspects of the $NIKEPIG ecosystem.

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