Blockdaemon supports over 70 blockchain protocols, each with unique governance mechanisms that drive their evolution and sustainability. As a node operator, we are committed to fostering decentralized, participatory, and resilient ecosystems through active and principled participation in governance. Our approach ensures that governance decisions reflect the long-term interests of each protocol while promoting fair access for all stakeholders.

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Our Governance Philosophy

Blockdaemon’s governance practices are guided by the following principles:

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• Long-Term Sustainability: We prioritize proposals that enhance the protocol’s scalability, security, and resilience for enduring success.
• Participation and Fairness: We advocate for governance processes that empower all stakeholders—core developers, validators, application developers, and token holders—regardless of technical expertise or token holdings.
• Community-Driven Innovation: We support changes that align with the protocol’s core principles while driving ecosystem growth and adoption.
• Impartiality: We make decisions based solely on the interests of the protocol being voted on, maintaining independence from external partnerships or cross-chain considerations.

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Voting Process

Blockdaemon’s governance participation is rigorous, transparent, and community-focused:

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• Comprehensive Proposal Review: Our team evaluates each proposal for its technical merits, community impact, and alignment with the protocol’s long-term objectives.
• Decision Framework: We vote “Yes,” “No,” or “No With Veto” based on the proposal’s benefit to the protocol’s long-term health. We reserve “Abstain” for cases of clear conflict of interest or when insufficient information prevents an informed decision.
• Timely Participation: We strive to vote on every proposal, ensuring consistent representation of our commitment to each protocol’s governance.

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Commitment to Protocols

Blockdaemon is dedicated to being a responsible steward of the protocols we support. By championing participatory, transparent, and impartial governance practices, we aim to strengthen decentralized ecosystems and drive the adoption of blockchain technology. Our proactive approach—combining active voting, community education, and advocacy for fair mechanisms—ensures that the protocols we support remain relevant, sustainable, and aligned with their core principles.