On-chain Governance

The final mile of decentralization is on-chain governance. Even if a protocol is 100% implemented by smart contracts, decentralization remains an unachievable goal if the control of these contracts lies in the hands of an individual or a team.

IC offers the Service Nervous System (SNS), an advanced form of a DAO, facilitating the open community's unchallengeable ownership of the protocol. Octopus's core team plans to hand over control rights to the SNS within one year after Omnity’s mainnet launch.