United Governance

Validator Driven-Governance

💡 With Canopy, a chain's protocol is determined by the agreement of the Validator Set —

However, any participant within the ecosystem may submit a governance poll or proposal:

Straw Poll

• Enable Canopy chains to understand their community sentiment via on-chain voting

• The results of a straw poll is divided into

  • "accounts" aka liquid tokens

  • "validators" aka locked tokens

• Non-canopy chains may utilize this functionality with a plugin chain

Screenshot from Canopy's decentralized web-wallet

Proposal

• Enable Canopy chains to

  • execute in-flight modifications to their protocol via parameter changes without any code

  • distribute treasury funds via the DAO token pool

Screenshot from Canopy's decentralized web-wallet

Ecosystem Governance

💡 By nature of Canopy's nested architecture a multi-chain governance model naturally forms.

Operating like the United Nations: Nested-Chains retain sovereignty but collaborate via validator representation between ecosystems to solve inter-ecosystem issues.

This exists in the form of:

• Nested Chains validators cross-pollinating validators in the Security Root.

• Nested Chains having the sovereignty to join or leave any Security Root system

• Nested Chains working together to adopt standards, fund shared initiatives, and resolve disputes, fostering a thriving network.

• A decentralized division of power:

  • ensuring no Nested Chain or validator dominates the ecosystem, promoting trust and stability

  • ensuring balanced decision-making, reducing volatility and protecting investments