Why Implement Governance at Hord?

In the Hord ecosystem, governance is a vital component that empowers token holders to guide the platform's direction and represent collective interests. Hord's governance approach aims to grant stakers and HORD token holders a genuine voice in shaping the platform's growth.

Moreover, governance promotes the inclusion of diverse perspectives and expertise. HORD token holders are active participants in the ecosystem, bringing their unique insights and interests to the table. Their involvement ensures that decisions are made with a comprehensive understanding of the platform's requirements and the community's expectations.

Hord's governance model also serves as a mechanism for gradual decentralization. As the platform grows and evolves, the distribution of decision-making authority becomes increasingly crucial.