Decentralized Governance

Oncology Network features a fully decentralized DAO governance system.

Decentralized governance lies at the heart of Oncology Network, ensuring that decision-making processes are transparent, inclusive, and community-driven. By leveraging blockchain technology, the Network establishes a governance model where stakeholders (including researchers, patients, and the public) actively participate in shaping the future of cancer research.

The ONC token serves as the backbone of this governance framework, granting token holders the ability to vote on key decisions such as funding allocations, research priorities, and strategic initiatives. This democratic approach decentralizes power, reducing reliance on centralized institutions and ensuring that diverse perspectives are represented.

Key features of the governance model include:

1. Transparency: All governance activities, including proposals and voting outcomes, are recorded on the blockchain, fostering trust and accountability.

2. Inclusivity: Patients and community members are empowered to contribute insights and priorities, aligning research efforts with real-world needs.

3. Accountability: Researchers and project teams are incentivized to demonstrate progress and impact, as continued support depends on community-backed decisions.

This decentralized structure not only democratizes the decision-making process but also enhances the efficiency and equity of resource distribution. By prioritizing transparency, inclusivity, and accountability, the Oncology Network’s governance framework ensures that all stakeholders work collaboratively toward the shared goal of a cancer-free future.