Cere Network's decentralized governance model allows $CERE Token holders to participate in the decision-making process by proposing and voting on changes to the network. This democratic governance system enables stakeholders to have a voice in the evolution and direction of the network, ensuring that it is run in a decentralized and transparent manner. The voting process is conducted through referendums, in which stakeholders use their stake in the network to cast their votes on proposals. By aiming to create a fair and transparent governance system, Cere Network promotes stakeholder participation in the decision-making process.
The two primary components of the democracy section are Democracy Proposals and Referendum. Prior to creating a proposal, proposers are encouraged to begin a discussion. This helps to gauge the sentiment of the community, start deliberation, and improve the proposal. The discussion can then be linked to the proposal on Cere Governance.