Decentralized Governance

Decentralized Governance tracks the autonomy and decentralization of network decision-making, focusing on decentralized decision frameworks and voting mechanisms. It highlights the key principles of on-chain governance, including voting weight, voter participation, and proposal submission mechanics.

Usage: Users engaged in governance platforms like MakerDAO or Polkadot can submit proposals, vote on protocol upgrades, or adjust the treasury settings. The weight of votes is typically token-based, meaning a higher token holding allows for a greater influence on governance outcomes. Analyzing these data points allows for assessing the level of decentralization and community engagement.

Key Data:

• Proposal Voting: Proposal timelines, approval rates, and governance impact.

• Voter Turnout: Participation levels and token-weighted voting results.

• Governance Transparency: Proposal clarity, community discussions, and vote validation.