Welcome to Ethena’s Governance Forum
Ethena
Ethena is a synthetic dollar protocol built on Ethereum that provides a crypto-native solution for money not reliant on traditional banking system infrastructure.
Governance Structure
Rather than a flat governance structure wherein every protocol-level decision is put to a vote for participation by all governance tokenholders, the vast majority of decisions (other than those which the committees deem outside the scope of their remit) are delegated by the DAO to the relevant committees.
Each committee will have a clearly defined and siloed role within the broader governance framework.
The primary role of $ENA governance is initially to appoint the committee members on a rotating basis.
However, governance going forward will be a generally iterative process where all stakeholders will adapt and tweak the system on a collective basis to move towards an efficient system that enables an appropriate balance between efficient and informed decision-making and enabling stakeholders in the community to have adequate input where it makes sense.
Governance by Committee
On rollout, there will initially be 1 Committee overseeing Ethena Governance, the Risk Committee, with other committees to be rolled out later.
There will be more information on the Risk Committee to follow.
About the General Channel
The general channel will be used for any discussions that are not specific to any of the other categories.
Initially, the General channel will be the home of the RWA/Reward-Accruing Asset Proposals, where entities will submit proposals for an allocation.
Here are some things you can do to get started in Ethena Governance:
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i can`t wait to lfgoooooo