EOS Governance

EOS Network has implemented a state-of-the-art governance model that aims to create a robust network capable of responding to the evolving requirements of its users. This model is built upon blockchain technology, which ensures transparency and accountability, and is geared towards facilitating swift and inclusive community participation.

Delegated Proof Of Stake (DPoS) is the underlying consensus mechanism of EOS. While anyone can run a node to fully validate the EOS blockchain in a trustless manner, only special, selected entities known as Block Producers (BPs) are allowed to produce blocks and determine the canonical blockchain. Unlike Proof Of Stake (PoS), the validating entities taking part in the consensus process, the BPs are not required to lock up tokens. Instead, individual token holders delegate their share of tokens to their preferred BP candidates. The top 21 candidates ranked by aggregate delegated token stake are selected as the active block producers.

Token holders can change their delegations at any time, and within minutes the selection of the 21 active BPs can automatically change. So the BPs only maintain their privileges for as long as the delegating token holders continue to trust them to carry out their responsibilities.

In DPoS, each active block producer has a limited time window under which they have to publish a new block. Suppose an active BP continually misses their block creation times or consistently produces blocks that are missing expected transactions. In that case, EOS token holders, using their stake, can change their delegations to replace them with better block producers that are on standby.

The two key benefits of DPoS:

The primary benefit of having such a consensus mechanism is that the EOS Network can consistently maintain a low latency in transaction processing while minimizing missed blocks due to networking issues by having a relatively stable set of active professional BPs who optimize their infrastructure for good performance. 
A secondary benefit is that the 21 active BPs effectively act as representatives of the token holders, which allows them to efficiently reach governance decisions through on-chain multisig approvals for issues such as activating consensus upgrades to enhance the blockchain protocol or adding new features provided by system-managed smart contracts.


EOS protocol upgrade and code changes are subject to its on-chain governance system. Anyone is free to submit new policies or code changes, but these proposals must achieve a majority vote before being accepted into the codebase. The decision-making process for on-chain governance on EOS is well-defined; however, governance debates, which can influence on-chain decisions, still occur off-chain. The strict on-chain rules often increase the activity of off-chain politics, as various stakeholders engage in community discussions surrounding any new proposals or ongoing voting sessions.

On-Chain Governance Details

EOS features on-chain governance that utilizes its delegated Proof-of-Stake (DPoS) system to select BPs that are able to make protocol decisions by affirming or abstaining from a proposal put forward on-chain. Protocol decisions can consist of changes to the system parameters, updates to the User Agreement, or adjustments to the inflation rate, among others.

EOS System Upgrade / Change Requests

Below is the list of the most recent block producers MSIG. More details are always available at EOS Authority.

Date Proposal Executed
13 Feb 2023
Proposal updateauth by eosnationftw Loading
07 Feb 2023
Proposal eosio.saving by larosenonaka Loading
02 Feb 2023
Proposal eosio.saving by eosasia11111
07 Nov 2022
Proposal eosio.fund by larosenonaka Loading
14 Sep 2022
Proposal v31sys by eosnationftw Loading
14 Sep 2022
Proposal v31activate by eosnationftw Loading
01 Aug 2023
Proposal eosio.yield by eosnationftw Loading
20 Dec 2021
Proposal saving.xfer by larosenonaka Loading
12 Aug 2021
Increase EOS inflation to 3% and transfer 3.4 million EOS Loading
12 Aug 2021
Create eosio.grants account for use by EOS Foundation Loading