Decision-making and communication of these decisions as they relate to governance. The overall goal of Walrus Governance is to build a foundation of transparency, participation structures and incremental progression rather than reactionary changes.
Central to Walrus Governance is the notion that any changes to the Protocol must have clear expectations and rationale behind the change, thus all proposals clearly define objectives, expected outcomes, and potential risks to the Protocol. By approaching governance with this structured methodology, Walrus participants benefit from making long-term evaluations of decisions, not solely based on an immediate reward or incentive.
Another important component of Walrus Governance is the role of the $WAL Token. The governance systems of Walrus Protocol are designed in such a way that encourages long-term active participation over time, rather than the short-term voting of large amounts of capital (which would create extreme volatility). With the majority of the Tokens held long-term, therefore reflecting the sustained interest of participants in the Protocol.
Additionally, Walrus Governance and the Protocol's Architecture are intertwined. Due to the modular nature of the architecture, any changes that are approved by Governance, can be executed, at a controlled pace.#warlus @Walrus 🦭/acc
