Governance

Decision-making and governance has become key in Web3 projects and the road to decentralisation. It can be both a blessing and a burden on the project depending on the design structure and incentivisation programme attached to governance to increase participation at large. Given the lessons learnt throughout time and through other protocols governance models, Ponder aims to leverage some of these lessons to raise average engagement time within its community and to keep the level of returns in line with the level of engagement with the protocol itself. Ponder will aim to go beyond simple governance to achieve such results. Before diving into the implementation of governance for Ponder, it is crucial to understand some key concepts the governance module of Ponder implements.