Protocol Governance

Feb 21, 2023 • 13 Min Read

What is [Crypto] Governance?

Strong governance models have been catalysts for the golden ages of progress, while poor governance models have propelled humanity into the dark ages of regression. Governance models establish formal procedures for conducting the policy, actions, and affairs of a state, organization, or people. They enable systematic decision-making to move groups with shared interests forward.

Governance and power are closely related. The decision-making implications given to those that govern empower them to set rules for individuals in their system.

In traditional corp...

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