01
What is live now
The live governance rail is the wrapped-share layer.
Heritage does not begin governance with proposals. It begins with position structure. WrappedHeritageShare turns a single Heritage ERC-1155 token id into an ERC-20 position with transferability, permit support, delegated voting, and unwrap back into the underlying share position.
That matters because it gives the protocol a real voting substrate without pretending that a complete legislative interface already exists. Delegation and ERC20Votes checkpoints are the implemented mechanics that support governance language in the repo today.
Yield participation also builds on this wrapped-share structure. The governance story is therefore tied to how positions are wrapped, delegated, and monitored, not to a speculative parliament UI.
Capability
Delegated voting
Wrapped balances can be delegated so voting power follows the holder's chosen representative.
Capability
Checkpoint history
Vote accounting uses checkpointed balances instead of an ad hoc off-chain tally.
Capability
Permit-enabled movement
The wrapper supports permit flows alongside transferability and unwrap back into ERC-1155 shares.
Important implementation boundary
The app can honestly describe wrapped-share voting support today. It should not describe a complete proposal lifecycle, treasury motion system, or quorum-enforced on-site vote flow.