Community Governance Model

Definition ∞ A community governance model is an organizational structure that enables participants in a decentralized autonomous organization or blockchain project to collectively make decisions. This framework typically involves token holders voting on proposals, allocating control directly to the network’s stakeholders. It supports decentralized administration.
Context ∞ The effective implementation of decentralized decision-making is fundamental to the long-term sustainability and legitimacy of blockchain ecosystems. Robust community governance models are critical for managing protocol upgrades, allocating treasury funds, and maintaining network integrity, thereby building trust among participants and external observers.