> For the complete documentation index, see [llms.txt](https://docs.1dex.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.1dex.com/1dex-technical/4.-decentralized-governance.md).

# 4. Decentralized Governance

1DEX adheres to the principles of decentralization, implementing community governance to ensure fairness and sustainability:

* **Pool Management:** Smart contracts automatically manage liquidity pools, ensuring asset liquidity and security.
* **Fee Rate Adjustment:** The community can propose and vote on transaction fee adjustments, ensuring a fair fee structure.
* **Proposal Voting:** Users can participate in platform governance by proposing and voting on platform rules, feature upgrades, and other decisions, achieving true decentralized decision-making.