🏛️Governance Overview

Coaction Network is governed by CIT holders, which utilizes Cosmos governance models. Only CIT that is staked to CIT validators can be granted voting rights. Each CIT token represents 1 vote (CIT-to-voting power is 1-to-1).

Voting will be used to determine a number of on-chain Coaction Network protocol decisions, including but not limited to:

• Size of CIT validator set

• Community spend proposals from dedicated pools

• Protocol upgrades

• Parameter changes

• General strategic decisions