Governance

Decentralized Decision-Making: Orangery integrates a governance model that empowers its token holders with voting rights, enabling them to actively participate in shaping the protocol’s future. This democratic approach ensures that key decisions regarding protocol upgrades, amendments, and treasury management are made transparently and in alignment with the community’s interests.

On-Chain Governance System: The governance process is executed on-chain, leveraging decentralized technologies like IPFS for storing proposal descriptions. This minimizes dependence on centralized services and enhances the platform's resilience and integrity. By conducting governance activities directly on the blockchain, Orangery ensures that all actions are immutable, verifiable, and in accordance with the community's consensus.

Adaptable and Responsive: Recognizing the importance of flexibility and adaptability, Orangery's governance framework allows for the modification of key operational parameters through community proposals. The initial governance parameters are set conservatively to promote stability and security. However, as Orangery evolves, its governance model is designed to adapt to changing needs and innovations, ensuring the protocol remains responsive to the community's aspirations and the broader ecosystem's dynamics.

Community-Centric Approach: Orangery is committed to a governance model that places the community at the heart of its development. This approach not only fosters a sense of ownership and engagement among stakeholders but also aligns the protocol’s evolution with the collective wisdom and diverse perspectives of its user base. Through active participation in governance, token holders can contribute to Orangery's mission of creating a more inclusive, efficient, and transparent platform.