DRAFT!!! Governance


Overnight Governance is the heart and brain of Overnight Protocol.
Anyone can be part of the Overnight Governance Process, and anyone with OVN voting power can vote on proposals. Governance makes decisions about new features and directions of where the Overnight Protocol should go. Governance is the ultimate decision body for the Overnight Protocol; no one can override vote results.

Proposal process

The Overnight Governance Process tracks an initiative from a discussion to a proposal, to a vote, to enactment. It is designed to be an open, transparent, and intuitive way to progress the protocol's future.

OVN token

Voting power for the Overnight Protocol is derived from the Overnight Governance Token (OVN). OVN holders, also called Overnight Holders, vote on proposals relevant to the protocol.