Nova Protocol
  • Nova Protocol Introduction
  • Protocol Design
    • Navigate the App
    • Overview
    • USDN Stablecoin
    • NPT Protocol Token and Staking
    • NPT Tokenomics
    • Vault Types
    • Redeeming against a vault
    • Peg Stability Module
    • Liquidations & Stability Pool
    • Governance and Immutability
    • Recovery Mode
    • Security
    • Smart Contracts
    • Community
    • Glossary
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  1. Protocol Design

Governance and Immutability

Nova is designed to be governance-free and immutable long term

Nova Protocol operates without governance. The protocol parameters are either predefined and immutable or algorithmically controlled by the protocol itself, eliminating the need for governance. The long term roadmap of Neptune is to fully remove contract upgradeability from the protocol.

There may be unforeseen bugs in the early days of Nova Protocol or in the underlying Eclipse Network that require upgrades. Changing standards and upgrades may be necessary to ensure that the protocol and USDN remain fully compatible. Additionally, new collateral types may need to be added after launch based on various factors including underlying adoption.

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Last updated 1 month ago