Equity governance refers to the decision-making processes and structures that determine how a cryptocurrency project is managed and developed. It encompasses the rules and practices that guide the involvement of stakeholders, including developers, token holders, and the community at large.In many projects, governance can be achieved through token-based voting, where holders can propose changes or vote on key decisions. This allows for a more decentralized control, enabling diverse opinions to shape the project’s direction.Effective equity governance ensures fairness, transparency, and accountability, fostering trust among participants. It addresses challenges like over-centralization, where a small group holds disproportionate power, and ensures that the interests of the broader community are considered.Challenges in equity governance include balancing power among stakeholders and managing conflicts of interest. As the landscape evolves, innovative governance models continue to emerge, aiming to enhance engagement and adapt to changing needs.