Terp Network Governance

Governance

Governance is the process of utililzing the nature of finality to verify a group of participants has agreed on an action within a specific set of rules for determining when an action is agreed upon or not.

This exists in many forms on terp network, such as the direct governance module, which allows stakers of TERP to use governance for performing actions as the global chain, as well as managing all of its parameters and agreed upon official software versions used.