> ## Documentation Index
> Fetch the complete documentation index at: https://docs.basestonk.io/llms.txt
> Use this file to discover all available pages before exploring further.

# Community takeover

> A token's controller seat can be handed over voluntarily, or reassigned to the community - with a 7-day founder veto.

Tokens outlive their founders. **LaunchControl** is a platform-wide
registry of who controls each token's page - artwork, description, links,
and the operator's seat the venue reads. The creator holds it by default;
the registry exists so it can move.

What the seat is **not**: it has no power over the pool, the tax rates,
the fee split, the supply or anyone's holdings. Those are immutable
whoever holds the page. Contract address on the
[contract reference](/integration/contracts).

## Handing over voluntarily

The current controller can pass the seat two ways:

* **`handOver(token, to)`** - a direct transfer, signed by the seat
  holder.
* **`handOverWithSig`** - the controller signs an EIP-712 handover
  off-chain, and anyone can submit it. The signature names the token, the
  recipient, a nonce and an expiry, so it fits exactly one transfer and
  cannot be replayed.

## Takeover, when the founder is gone

When a founder disappears and a community wants the page, the platform
can propose a reassignment - but cannot execute it unilaterally:

1. **Propose.** The platform admin calls `proposeReassign(token, to)`,
   naming the new controller. This starts a **7-day clock**, visible
   on-chain.
2. **The founder veto.** At any point in those 7 days, the current
   controller can call `cancelReassign` and the takeover dies. A founder
   who is present cannot be removed - the mechanism only completes
   against silence. Handing the seat over during the window also cancels
   the pending reassignment.
3. **Execute.** After the clock runs out, **anyone** can call
   `executeReassign`. The seat moves, and in the same transaction the
   departed founder's [vesting vault](/vesting) - if one exists - has its
   dividend accrual renounced: locked supply must not keep earning under
   a seat its owner lost. The renounce is one-way and the tokens
   themselves stay the founder's, still vesting on their schedule.

<Note>
  The 7-day delay is the design, not an inconvenience. A takeover that
  the platform could execute instantly would make the platform the real
  controller of every token. The delay plus the veto means the seat only
  moves when its holder either agrees or has genuinely stopped answering.
</Note>

## What a takeover changes, and what it cannot

|                                            |                                     |
| ------------------------------------------ | ----------------------------------- |
| Page control - artwork, description, links | moves to the new controller         |
| Founder's vault dividend stream            | ends, in the takeover transaction   |
| Founder's vested tokens                    | still theirs, still on schedule     |
| Tax rates, split, wedges                   | untouched - immutable since launch  |
| The pool and its liquidity                 | untouched - no admin exists over it |
| Holders' balances and accruals             | untouched                           |