A Supervisory Council typically refers to a group of individuals or experts responsible for overseeing and guiding the operations of a cryptocurrency project or platform. Their main role is to ensure that the project aligns with its goals, regulatory requirements, and ethical standards.These councils often consist of industry veterans, legal advisors, and community representatives. Their collective experience helps in evaluating risks, making strategic decisions, and providing a layer of accountability. This can enhance trust among users and stakeholders.In addition to governance, a Supervisory Council can help in crisis management, responding to security breaches, or market fluctuations. They may also establish policies related to transparency and user protection. The presence of such a council can elevate the credibility of a cryptocurrency project, attracting more investors and users who prioritize reliability and ethical practices. Overall, a Supervisory Council plays a crucial role in fostering a healthy and sustainable ecosystem for cryptocurrencies.