Hybrid governance refers to a model that combines elements of both centralized and decentralized approaches to decision-making within blockchain projects. It aims to balance the need for efficient management and control with the principles of decentralization and community involvement.In hybrid governance, certain aspects of the project may be managed by a central authority, which can streamline decision-making and implementation. This could involve developers or a core team making rapid changes or addressing urgent issues.Conversely, a decentralized aspect allows for community participation, where stakeholders can propose changes, vote on significant decisions, and influence the direction of the project. This approach encourages transparency and inclusiveness, fostering trust among users.By leveraging the strengths of both models, hybrid governance seeks to create more resilient and adaptable systems that can respond to challenges while ensuring that the community has a say in the project’s development and future direction.