Back to collectionA Governance Mechanism Takes Shape, Rules Still Pending
The roadmap said governance would move onchain, but the community still did not know how proposals would reach a vote or who would oversee the treasury. The team announced a partnership with an onchain risk modeling organization. Compared with a direction stated only in the roadmap, the partnership identified a proposed mechanism for governance and some treasury affairs.
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The roadmap said governance would move onchain, but the community still did not know how proposals would reach a vote or who would oversee the treasury. Reading the announcement, Night Watchman wanted to know whether participants would make decisions or merely see their names after decisions had been made.
The team announced a partnership with an onchain risk modeling organization. The plan was to put a stake-weighted voting organization and part of treasury management into that mechanism. “Community” and “decentralization” appeared in the announcement's first sentence. Night Watchman noted those words beside the proposed arrangements, ready to ask where authority would begin and end.
Compared with a direction stated only in the roadmap, the partnership identified a proposed mechanism for governance and some treasury affairs. It was not yet a completed vote or transfer of authority. Night Watchman's next questions were who could raise an issue, how votes would count, and when the community would see the operating rules.