Governance

Governance and related components digram

The Governance module operates as a DAO, serving as the protocol's decision-making authority, where holders of governance tokens actively participate in managing the protocol and ensuring its security through transparent and democratic processes. To participate in voting and governance of the protocol, token holders must stake their tokens in the ENJ MS.

At its core, this module is responsible for defining parameters that maintain the protocol's stability and efficiency. Its responsibilities include:

• Determining which tokens to accept and in which blockchain networks.

• Setting parameters related to the gigaCDP.

• Selecting target protocols for liquidity allocation.

• Determining allocation weights for directing liquidity between target protocols and AMM pools.

• Making decisions regarding the minting and burning of gigaAssets in cases not covered by the automated services of the Portfolio MS.

• Approving strategies for redistributing and rebalancing liquidity.

• Establishing the protocol's risk parameters.

• Managing decisions on the distribution of funds from the Insurance pool.

These decisions are made collectively by the ENJ MS token holders, ensuring the protocol remains adaptive and secure.