Reserve Governor

Reserve Governor is a hybrid optimistic/pessimistic governance system for the Reserve protocol. It provides two proposal paths through a single timelock:

• Fast (Optimistic): Quick execution after a short veto period, no affirmative voting required.
• Slow (Standard): Full voting process with timelock delay.

During a fast proposal's veto period, token holders can vote AGAINST. If enough AGAINST votes accumulate to reach the veto threshold, the proposal automatically spawns a full confirmation vote (the slow path) under a new proposal id. Fast proposals are protected by a proposer throttle that limits how many optimistic proposals each account can create per 24-hour window.

The runtime system consists of five components:

• StakingVault — ERC4626 vault with vote-locking, dual delegation (standard + optimistic), multi-token rewards, and unstaking delay.
• UnstakingManager — Time-locked withdrawal manager created by StakingVault during initialization.
• ReserveOptimisticGovernor — Hybrid governor unifying optimistic/standard proposal flows in shared OZ Governor storage.
• OptimisticSelectorRegistry — Whitelist of allowed (target, selector) pairs for optimistic proposals.
• TimelockControllerOptimistic — Single timelock for execution, with bypass for the optimistic path.

More information can be found in the repo README.md.

Prize distribution and scoring

• Total Prize Pool: $30,000

• The prize distribution has 2 possible triggers:

  • If one or more valid medium severity findings are found, the total pot size is $10,000
  • If one or more valid high severity findings are found, the total pot size is $30,000

• Scoring described in the competition scoring page.

• Findings Severities described in detail on our docs page.

Documentation

• Technical Documentation

Scope

• Repository: reserve-protocol/reserve-governor
• Commit: dc27a68463cec356ff18bbdd3d8edfe9b2534372
• Files: All contracts within the contracts/ source folder are in scope.

Build Instructions

• pnpm install
• forge build

The mandatory POC rule applies for this competition.

Out of Scope

• Reserve security review (2026-02-27)
• Automated findings by Lightchaser

Contact Us

For any issues or concerns regarding this competition, please reach out to the Cantina core team through the Cantina Discord.