Governance and Voting
The information on this page and all other pages owned by, operated by, or related to Hector Network are for educational purposes only and does not constitute any kind of advice. Please read our Disclaimers page first.
Hector is at heart a Community-Driven project. This means that the community plays a key role in shaping the future of the project. Those who hold HEC, sHEC, wsHEC, or owsHEC can cast votes on important community decisions like Audits, Listings, and Fund Management. Proposals are called Hector Improvement Proposals (HIPs).
At first, the development team will guide the project towards a sustainable long-term position, but over time more control will be given to the community through the voting system. We also plan to create an open forum where community members can create their own proposals which will be put to a full vote if they gain enough community support.