General
Intermediate
What is
Governance?
The system by which blockchain protocol changes and community decisions are made.
Governance determines how a blockchain evolves - who can propose changes and how decisions are made. Ergo uses on-chain governance where miners vote on protocol parameters. The community also participates through discussion, proposals, and ecosystem development. No single entity controls Ergo's direction.
Key Points
- Miners vote on protocol parameters
- Community-driven development
- No central authority
- Proposals discussed openly
- Ergo Foundation facilitates (doesn't control)
- Fair launch = no controlling stakeholders
Related Infographics
Related Articles
Frequently Asked Questions
Questions about Governance
Common questions about this topic
How to get started with Ergo?
Start by getting a wallet (Nautilus for browser, Terminus for mobile). Back up your seed phrase securely offline. Get some ERG from a current exchange or verified venue, then make a small test transaction. After that, explore NFTs, mining, DeFi references, or the developer stack if you're a builder.
How-to
Getting Started
Is Ergo a good investment?
This is not financial advice. Ergo has strong fundamentals: fair launch (no VC dump risk), innovative technology (eUTXO, Sigma Protocols, NiPoPoWs), active development, and a cypherpunk ethos. It's a smaller market cap project with higher risk/reward than established chains. Research thoroughly, understand the technology, and never invest more than you can afford to lose.
Comparison
Getting Started
How to provide liquidity on Ergo?
Providing liquidity on Ergo depends on the current active DEX or AMM venue. In general, you deposit equal value of two assets into a pool, receive LP tokens representing your share, and earn a portion of trading fees. Spectrum Finance is historical/frozen since February 2024, so verify the active venue, contracts, liquidity depth, and withdrawal process before depositing funds.
How-to
DeFi
Why does Ergo's lack of VC funding matter?
VC-funded chains have misaligned incentives: VCs need exits, so they push for hype over substance, centralized control, and token dumps. Ergo's fair launch means no insider allocations, no pressure to pump price, and no corporate governance. The community controls Ergo, not investors seeking returns.
Philosophy
Philosophy