# Governance

### **Decentralized Governance**

NeuraCoin employs a decentralized governance model, empowering token holders to influence the direction and development of the ecosystem. This ensures that decisions are made collectively, reflecting the interests of the community.

### **Proposal System**

* **Submission:**
  * Any NeuraCoin holder can submit a governance proposal.
  * Proposals must include detailed descriptions, objectives, and implementation plans.
* **Voting:**
  * Token holders vote on proposals using their staked NeuraCoin.
  * Each NeuraCoin equates to one vote, ensuring proportional influence.
* **Approval Threshold:**
  * **Standard Proposals:** Require a 60% majority to pass.
  * **Major Proposals:** May require a higher threshold, such as 75%, depending on their impact.
* **Implementation:**
  * Approved proposals are executed automatically through smart contracts, ensuring transparency and trust.

### **Incentive Alignment**

* **Rewarding Participation:**
  * Users who actively participate in governance by voting or submitting proposals receive NeuraCoin rewards.
* **Long-Term Commitment:**
  * Incentives are structured to encourage long-term holding and active engagement, aligning users' interests with the ecosystem's success.
