Kwenta governance explained
Kwenta requires a governance framework that enables the community to coordinate on maintaining and improving the protocol. To do this, the Elite Council will vote on a system, outlined in this proposal, that will dictate roles and processes that the Kwenta community will use to operate.
By having a clear framework in which Kwenta governance will operate, the community will have the faculties it needs to achieve desired outcomes, such as a defined way to propose new features, reward DAO participants, and manage routine affairs.
Kwenta governance follows a democratic structure with multiple semi-independent governing bodies, each with its own goals and operational structure.