The NDC stands as a masterpiece of decentralized governance unlike any other composition.🔥✨️ [It's governing bodies]⬇️ 🧵1/4 The House of Merit(HOM) directs the NEAR Treasury budget for the NDC, overseeing role creation and protocol adjustments. 2/4 The Council of Advisors(COA) holds the responsibility of providing advice, publicly setting priorities, and, in cases of persistent issues, impeding actions taken by the two distinct governing bodies. 3/4 The Transparency Commission (TC) is tasked with upholding proper procedures and governance within the NDC, ensuring the well-being of the ecosystem. 4/4 The NEAR Ecosystem's voting body, consisting of non-blacklisted participants with 'I am Human' verification, holds powers such as electing members, dissolving institutions, amending the Governance Framework, and vetoing budget items. #NDC #FDAO