Ethereum (ETH) challenger Polkadot (DOT) is revamping its decision-making system with the introduction of a new decentralized and open governance platform, OpenGov.
The launch of OpenGov places full control of the network in the hands of the Polkadot community by allowing holders of native token DOT to propose referenda.
“Polkadot OpenGov, the pinnacle of governance systems in Web3, has officially arrived! Welcome to the new era of fully autonomous, transparent, & efficient decision-making where the entire process is handed over to the DOT community.”
OpenGov was first launched on Polkadot’s Canary Network, Kusama (KSM), which saw improved participation from the community.
“The early signs are positive when it comes to deeper engagement. In the past six months, Polkadot’s canary network Kusama network has seen 200 proposals submitted, a four-fold increase compared to the same period last year.”
Polkadot says OpenGov will also protect the network from bad actors as it bo
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