diff --git a/pallets/ddc-clusters/src/cluster.rs b/pallets/ddc-clusters/src/cluster.rs
index 862c42ddf..7274fbf16 100644
--- a/pallets/ddc-clusters/src/cluster.rs
+++ b/pallets/ddc-clusters/src/cluster.rs
@@ -3,6 +3,8 @@ use codec::{Decode, Encode};
 use ddc_primitives::ClusterId;
 use frame_support::{pallet_prelude::*, parameter_types, BoundedVec};
 use scale_info::TypeInfo;
+use sp_runtime::Perbill;
+use sp_staking::EraIndex;
 use sp_std::vec::Vec;
 
 parameter_types! {
@@ -31,6 +33,26 @@ pub struct ClusterParams<AccountId> {
 	pub node_provider_auth_contract: AccountId,
 }
 
+// ClusterGovParams includes Governance sensetive parameters
+#[derive(Clone, Encode, Decode, RuntimeDebug, TypeInfo, PartialEq)]
+pub struct ClusterGovParams<Balance> {
+	pub treasury_share: Perbill,
+	pub validators_share: Perbill,
+	pub cluster_reserve_share: Perbill,
+	#[codec(compact)]
+	pub cdn_bond_size: Balance,
+	pub cdn_chill_delay: EraIndex,
+	pub cdn_unbonding_delay: EraIndex,
+	#[codec(compact)]
+	pub storage_bond_size: Balance,
+	pub storage_chill_delay: EraIndex,
+	pub storage_unbonding_delay: EraIndex,
+	pub unit_per_mb_stored: u128,
+	pub unit_per_mb_streamed: u128,
+	pub unit_per_put_request: u128,
+	pub unit_per_get_request: u128,
+}
+
 impl<AccountId> Cluster<AccountId> {
 	pub fn new(
 		cluster_id: ClusterId,
diff --git a/pallets/ddc-clusters/src/lib.rs b/pallets/ddc-clusters/src/lib.rs
index 2d389b431..59ce7fb52 100644
--- a/pallets/ddc-clusters/src/lib.rs
+++ b/pallets/ddc-clusters/src/lib.rs
@@ -16,7 +16,7 @@
 #![feature(is_some_and)] // ToDo: delete at rustc > 1.70
 
 use crate::{
-	cluster::{Cluster, ClusterError, ClusterParams},
+	cluster::{Cluster, ClusterError, ClusterGovParams, ClusterParams},
 	node_provider_auth::{NodeProviderAuthContract, NodeProviderAuthContractError},
 };
 use ddc_primitives::{ClusterId, NodePubKey};
@@ -24,7 +24,10 @@ use ddc_traits::{
 	cluster::{ClusterVisitor, ClusterVisitorError},
 	staking::{StakingVisitor, StakingVisitorError},
 };
-use frame_support::pallet_prelude::*;
+use frame_support::{
+	pallet_prelude::*,
+	traits::{Currency, LockableCurrency},
+};
 use frame_system::pallet_prelude::*;
 pub use pallet::*;
 use pallet_ddc_nodes::{NodeRepository, NodeTrait};
@@ -33,6 +36,10 @@ use sp_std::prelude::*;
 mod cluster;
 mod node_provider_auth;
 
+/// The balance type of this pallet.
+pub type BalanceOf<T> =
+	<<T as Config>::Currency as Currency<<T as frame_system::Config>::AccountId>>::Balance;
+
 #[frame_support::pallet]
 pub mod pallet {
 	use super::*;
@@ -48,6 +55,7 @@ pub mod pallet {
 		type RuntimeEvent: From<Event<Self>> + IsType<<Self as frame_system::Config>::RuntimeEvent>;
 		type NodeRepository: NodeRepository<Self>; // todo: get rid of tight coupling with nodes-pallet
 		type StakingVisitor: StakingVisitor<Self>;
+		type Currency: LockableCurrency<Self::AccountId, Moment = Self::BlockNumber>;
 	}
 
 	#[pallet::event]
@@ -57,6 +65,7 @@ pub mod pallet {
 		ClusterNodeAdded { cluster_id: ClusterId, node_pub_key: NodePubKey },
 		ClusterNodeRemoved { cluster_id: ClusterId, node_pub_key: NodePubKey },
 		ClusterParamsSet { cluster_id: ClusterId },
+		ClusterGovParamsSet { cluster_id: ClusterId },
 	}
 
 	#[pallet::error]
@@ -82,6 +91,11 @@ pub mod pallet {
 	pub type Clusters<T: Config> =
 		StorageMap<_, Blake2_128Concat, ClusterId, Cluster<T::AccountId>>;
 
+	#[pallet::storage]
+	#[pallet::getter(fn clusters_gov_params)]
+	pub type ClustersGovParams<T: Config> =
+		StorageMap<_, Twox64Concat, ClusterId, ClusterGovParams<BalanceOf<T>>>;
+
 	#[pallet::storage]
 	#[pallet::getter(fn clusters_nodes)]
 	pub type ClustersNodes<T: Config> = StorageDoubleMap<
@@ -204,6 +218,23 @@ pub mod pallet {
 
 			Ok(())
 		}
+
+		// Sets Governance sensetive parameters
+		#[pallet::weight(10_000)]
+		pub fn set_cluster_gov_params(
+			origin: OriginFor<T>,
+			cluster_id: ClusterId,
+			cluster_gov_params: ClusterGovParams<BalanceOf<T>>,
+		) -> DispatchResult {
+			let caller_id = ensure_signed(origin)?;
+			let cluster =
+				Clusters::<T>::try_get(&cluster_id).map_err(|_| Error::<T>::ClusterDoesNotExist)?;
+			ensure!(cluster.manager_id == caller_id, Error::<T>::OnlyClusterManager);
+			ClustersGovParams::<T>::insert(cluster_id.clone(), cluster_gov_params);
+			Self::deposit_event(Event::<T>::ClusterGovParamsSet { cluster_id });
+
+			Ok(())
+		}
 	}
 
 	impl<T: Config> ClusterVisitor<T> for Pallet<T> {
diff --git a/runtime/cere-dev/src/lib.rs b/runtime/cere-dev/src/lib.rs
index 58e95dab4..b2ff75c80 100644
--- a/runtime/cere-dev/src/lib.rs
+++ b/runtime/cere-dev/src/lib.rs
@@ -1357,6 +1357,7 @@ impl pallet_ddc_clusters::Config for Runtime {
 	type RuntimeEvent = RuntimeEvent;
 	type NodeRepository = pallet_ddc_nodes::Pallet<Runtime>;
 	type StakingVisitor = pallet_ddc_staking::Pallet<Runtime>;
+	type Currency = Balances;
 }
 
 construct_runtime!(