Shared governance is a framework in which stakeholders of a decentralized network or organization collectively make decisions regarding its operations, policies, and future direction. It emphasizes transparency, inclusivity, and community engagement, allowing participants to have a voice in governance through mechanisms such as voting, consensus voting, or delegation. This model is especially relevant in blockchain ecosystems where traditional hierarchical structures are replaced by a flatter, more democratic approach, inherently linking the governance to the users and their interests.