Entity governance refers to the frameworks and processes that guide decision-making within a cryptocurrency project or ecosystem. This includes how power is distributed, how proposals are made, and how changes to the protocol are implemented. Typically, governance involves stakeholders such as developers, investors, and users. They may use voting mechanisms to determine the direction of the project, including decisions on protocol upgrades, funding proposals, and community initiatives. Two main types of governance exist: on-chain and off-chain. On-chain governance includes voting directly through smart contracts, allowing for automated and transparent decision-making. Off-chain governance involves discussions and votes that occur outside of the blockchain, often using forums or social media.Effective entity governance helps ensure that a cryptocurrency project remains aligned with the interests of its stakeholders, promoting transparency, accountability, and adaptability over time. This is crucial for maintaining trust and fostering community engagement in the ever-evolving landscape of cryptocurrencies.