Shido Governance Module launching this week!
Shido Governance Module is officially launching this week. Shido Network is in consensus governed by all eligible stake holders through on-chain governance. Utilizing the governance application, stake holders and Shido can create proposals to be voted upon for implementation.
Shido Network is a fully decentralized network. All important upgrades on protocol-level and strategic decisions regarding the network, needs to be passed as on-chain proposals. To be eligible to vote and participate in the governance, users must stake native SHIDO tokens.
Shido promotes transparency, inclusivity and security. Shido Network on-chain governance offers flexibility and adaptability, where the network quickly can adapt and evolve. The module is resistant to censorship and manipulation, no single entity can control the organization.
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