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  • introduction
    • CreDA Protocol Whitepaper
      • 1.2 Background
      • 1.3 Mission
      • 2. Function module
      • 2.2 Credit Module
        • 2.2.1 DID
        • 2.2.2 How Credit Ratings are Computed
        • 2.2.3 Connecting On-chain and Off-chain Data
      • 2.3 Credit NFT
        • 2.3.1 Features of Credit NFTs
      • 2.4 Credit Contract
      • 3. Tokenomics
        • 3.2 Economic model
        • 3.3 Roles
        • 3.4 Repurchase
        • 3.5 Staking
        • 3.6 Unlock
        • 3.7 Treasury
        • 3.8 Development Committee
        • 3.9 Allocation
      • 4. Mining
      • 5. Governance
      • 6. Milestones
      • Disclaimer
  • Elastos guides
    • Elastos Guide
    • What is ELA?
    • Where can I buy ELA?
    • Wallet selection
    • Essentials wallet setup
    • Metamask wallet setup
    • Contract addresses on ESC
    • Main > Side Chain tutorial
    • CreDA bridge tutorial
    • Tutorial CreDA dApp on ESC
    • cNFT mint levels and upgrades
  • Arbitrum Guides
    • Arbitrum Guide
    • Wallet selection
    • Arbitrum Bridge tutorial
    • Step by step guide
    • CreDA contract addresses
  • Getting started
    • Credit network
    • Credit account
    • CreDA leveraged farming
    • How & Why to mint cNFT
    • cNFT mint levels and upgrades
    • cNFT benefits for user
    • Invitation from Credit Network
    • Migration CP pools > C pools
    • FAQ
    • DeFi Glossary
    • Disclaimer
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  1. introduction
  2. CreDA Protocol Whitepaper

5. Governance

The CreDA protocol is committed to decentralized governance and creating an ecosystem fully autonomously directed by the community. The Development team has divided the process of decentralizing governance into three phases:

  • Phase 1: Issue CreDA protocol token and establish core community

  • Phase 2: Launch DAO V1 and open governance channels such as community proposals and voting

  • Phase 3: Start DAO V2. The Development Committee will transition to a DAO to achieve complete decentralized governance and decision-making

Previous4. MiningNext6. Milestones

Last updated 3 years ago