Imagine a network where everyone has a say in deciding the future of new blockchain projects. Unlike traditional systems, where decisions are made by a few, Web3 and blockchain networks are distributing power across the community. This approach makes the platform more transparent, secure, and responsive to its users’ needs. Effective governance is key to guarantee that decentralized networks can grow and stay secure over time. To achieve this, participants become active contributors to the blockchain’s evolution and adoption.
This blog will discuss what NodeOps Governance is and how it helps community members to participate and share their voice. We will also discuss how it contributes to the project launches and success.
What is NodeOps Governance?
NodeOps Governance is a decentralized framework that empowers both the NodeOps community and the communities of the partnered projects to make crucial onboarding decisions. Members from both sides participate in the decision-making via an on-chain voting mechanism. This system transfers control from a centralized authority to delegators and restakers and ensures a more democratic approach to manage the projects on the platform. It ensures that the selected projects for onboarding reflect the interests and support of both NodeOps and its partnered community members.
By allowing project proposal submissions and on-chain voting on projects, we nurture a resilient and inclusive ecosystem where power is distributed and lies in the hands of the community members. This decentralized Governance helps to minimize the risks associated with single points of failure in decision-making, which can lead to manipulation and guarantees to reflect the collective interest of the community.
Why Participate in Voting?
The introduction of Governance was driven by the need to improve project selections on the platform. In the past, several project proposals failed to meet the expectations of the ecosystem, highlighting the need for a more improved decision-making process.
By allowing both NodeOps users and project-specific communities to participate in public voting, the platform ensures that projects that receive strong support and maximum votes are onboarded. It also instills a sense of ownership among the participants and creates a more robust and broader network.
Therefore, the power lies with the users to make a mindful decision about the project proposals on Governance. Users can carefully evaluate the project details and show their support on the platform. Such a governance model promotes transparency and creates an inclusive environment for better decision-making and project selections.
How to Participate in Governance?
Participating in Governance for on-chain voting is very simple. Follow these steps:
Visit NodeConsole.
Sign up and earn NodePoints, before getting started
On the left menu, click on ‘Governance’
Browse active project proposals
- Click on the proposal of your interest and review the project details, vote-end time and more.
Cast your vote in favor or against the proposal
Track the project progress easily on Governance.
Perks of Governance
Active participation isn’t just about having a voice in decisions but also about earning rewards too. With every vote cast on project proposals, the community members can earn 25 NodePoints, making engagement more impactful and rewarding. The incentivization system strengthens the governance process encouraging more user involvement while offering exclusive benefits to them. The vote shapes NodeOps’ progress and success and also rewards members’ contributions to the network.
The new user signup and earn method was initially introduced for Governance, encouraging users to sign up and collect NodePoints before participating in on-chain voting. This initiative rewards new users and also prepares them for the decentralized decision-making process via NodePoints, which are essential to cast votes.
About NodeOps
NodeOps is the leading infrastructure marketplace for Web3, allowing anyone to purchase, deploy and manage a wide range of blockchain nodes. Our mission is to truly decentralize Web3. One node at a time. To achieve this, we are streamlining the entire node orchestration process and offer an easy-to-use platform for Web3 protocols, developers and retail users to manage all their operational needs. With Atlas—our permissionless, decentralized infrastructure orchestration layer built as an AVS on EigenLayer—we're setting new standards in ease, speed, and security for infrastructure management. We support over 45 chains, created 21,900+ NodeFolios, deployed 42,900+ nodes, and manage assets worth $51.9 million .
Join NodeOps today and deploy your first node at nodeops.xyz, or follow us on X for the latest news & updates.