How is governance executed at Koii Network?


What is the governance process of Koii?

Answers 1

The Koii Network is governed by token holders through a decentralized smart contract system. The longer a token holder stakes, the larger their voting power, ensuring incentives remain aligned for the long term. As projects are built using Koii, they can also employ the same structure to build flexible, cost effective voting systems. During the initial launch of the Network, the Koii Network will provide guidance and lead technology development as necessary, paving the way for decentralized community governance.