NIP and NOP Processes
NAOS Onboarding Proposal ("NOP") is the process for borrowers looking to launch asset pools, and NAOS Improvement Proposal ("NIP") is the process for product and protocol related suggestions.
Though the NAOS team is currently leading most of the development and asset onboarding process, our goal is to fully decentralize the decision making processes without team interference.
All NAOS token holders are eligible to participate in the governance of NAOS Protocol. We value the opinions of long-term stakeholders, when it comes to proposal voting, veNAOS holders are granted with additional voting rights according to their lock up period.