The governance process is streamlined for efficiency and transparency.
Community members can draft proposals and discuss them in governance forums.
Drafts must include detailed justifications, implementation steps, and potential risks.
Proposals move to on-chain voting after sufficient community review.
Voting is conducted over a predefined period (e.g., 7 days).
If a proposal meets the quorum and receives majority approval, it is queued for execution via smart contracts.
Certain proposals, such as parameter adjustments, may take effect immediately, while major updates require timelocks.
Last updated 1 year ago