📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Let’s be honest, @Polkadot has the most advanced on-chain governance in DeFi.
Everything is executed fully on-chain, proposals, votes, and even protocol upgrades, with no off-chain committees involved.
Their OpenGov system allows any $DOT holder to submit proposals or vote in referenda.
A decentralized expert body has replaced the old Technical Committee, providing technical oversight without centralized control.
No one talks about it, but Polkadot is the largest on-chain DAO by participation (1.3M active wallets), with a fully transparent, community-managed treasury that funds grants and ecosystem growth.
How does it work?
1/ Submit a proposal
Any DOT holder can propose anything, from treasury spending to major upgrades.
2/ Governance flow
If it gains support, the proposal moves to a referendum, a public vote for all DOT holders.
3/ Vote with conviction
Vote by locking DOT, the longer you lock, the more weight your vote carries.
4/ Treasury & bounties
Polkadot’s treasury holds millions of DOT, fueled by fees and inflation. Proposals for grants, bounties, or initiatives follow the same open process and must meet approval thresholds.