DeNet Consensus

DeNet Consensus is a decentralized governance of DeNet Storage Protocol.

Consensus members, including storage providers and users, have a direct interest in the success of the DeNet Storage Protocol. Their prosperity depends on the protocol's implementation and popularity.

Governance of DeNet Consensus occurs through on-chain real-time voting and off-chain governance, which requires agreement among all Consensus members before implementing a proposal. Governance of DeNet Consensus may change or expand in the future due to subsequent community decisions. All government proposals must lead to the achievement of the DeNet Consensus's goals, and its components must not contradict each other. Otherwise, DIPs may be rejected by DeNet Consensus members.

The main goal of DeNet Consensus is to ensure:

  • The stability and security of the DeNet Storage Protocol.

  • The further development of the DeNet Storage Protocol.

In accordance with this, the areas of DeNet Consensus governance are:

  • Updating dynamic DeNet Storage Protocol settings.

  • Fully updating or the deployment of new smart contracts for the DeNet Storage Protocol.

To participate in the governance of DeNet Consensus, it is necessary to be a holder of veDE governance tokens. To obtain veDE, make a veDE deposit in exchange for DE. The minimum token amount to get veDE = 0.053 DE.

The governance of DeNet Consensus currently takes place at consensus.denet.app. In the future, this website will only allow viewing governance data. Participation in DeNet Consensus will be possible through the DeNet Consensus Voting app on DeNet Market.