Service Nervous System (SNS)

The Service Nervous System (SNS) is an advanced form of a decentralized autonomous organization (DAO) and a fundamental component of the Bitomni ecosystem. It embodies the decentralized governance model that empowers token holders to actively participate in the decision-making processes that shape the protocol’s future. Each SNS includes a stake-based governance system that orchestrates decision-making and changes and a ledger that defines a unique token for each SNS. The SNS framework also comes with a defined path for launching an SNS. During a successful launch, an SNS is created, the governance control is distributed to users in a decentralization swap, initial funds are collected (in exchange for governance control), and the DApp's control is handed over to the new SNS.

By the end of this chapter, readers will have a comprehensive understanding of how the SNS not only supports Bitomni's day-to-day operations but also secures the protocol’s long-term vision and adherence to its decentralized ethos.