Minimum Viable On-Chain Governance

Cardano’s Voltaire - Glossary: key terms explained

CIP-1694 describes Minimum Viable On-Chain Governance (MVG) as a baseline on-chain rules, mechanisms, and entities that advance ada holders’ ability to engage in Cardano governance. MVG aims to establish a baseline of democratic consent, one that is stable and secure for the continuity of the blockchain yet can be further developed and improved over time.