Network Nervous System (NNS)
The NNS is one of the world's largest DAOs that governs the Internet Computer. It is a 100% on-chain, permissionless system that continuously upgrades the Internet Computer based on the voting of ICP token holders.
Go to the NNSHow it works
The Internet Computer doesn’t require complicated forks to upgrade its capacity. Anyone can submit a proposal to make protocol level changes. Once approved by ICP token holders, these changes are automatically carried out by the NNS, seemlessly upgrading the network. For participating in governance, ICP token holders receive voting rewards.
Learn more about network governanceHelp Govern the Internet Computer
Anyone can participate in governance by simply sending ICP to the NNS and staking it in neurons. These neurons have to be locked for a specific time between 6 months and 8 years to be eligible for voting and earning voting rewards.
Once locked, neurons can vote on proposals manually or follow the vote of other neurons - what we call liquid democracy. The longer a neuron is locked for, the more voting rewards it collects
Go to the NNSEarn staking rewards
Voting rewards are distributed among participants who have locked ICP in neurons and are voting either manually or follow other neurons that vote. Rewards are distributed daily to voting neurons as maturity. This maturity is unrealized ICP that can either be merged or spawned. Merging maturity will mint ICP and add it to the neuron’s stake, while spawning mints it into a neuron that becomes liquid after a week and can also be used outside of the NNS.
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