The senate consists of members where 1 member = 1 real person. It's incorporated as a means of further decentralizing the network and preventing big token holders from gaining control over the protocol.

The senate has the power to veto all governance and treasury requests. Senate members receive the ability to redeem a portion of voting credit to their wallet with each token published, which can be used to protect the protocol.

This mechanism has some similarities with the concept of Bitcoin validating nodes - which serve as a means to prevent the miners from getting control over the network.