What is On-Chain Governance?
A system where protocol changes are decided by token-holder votes recorded on-chain. Polkadot's OpenGov is a prime example, any DOT holder can propose or vote on referenda. For community managers, governance participation is the deepest form of engagement you can measure.
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In plain words
"Town hall meets shareholder meeting — but every vote is recorded permanently and anyone can participate."
How it works
Key takeaways
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On-chain voting with real consequences
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Token weight determines influence
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Proposals can change protocol parameters
Real-world example
Polkadot's OpenGov lets anyone propose a referendum. DOT holders vote with conviction. If it passes, the chain executes it automatically.