Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Pacman: The goal of the Blast governance mechanism is to allow the community to intervene when necessary to form a system of checks and balances

CointimeCointime2024/07/04 06:19
By:Cointime

On July 4th, Blur and Blast co-founder Pacman posted on social media stating, "I believe that the Blast governance mechanism is currently greatly misunderstood. Its goal is not to actively involve the community in governance (which is not feasible), but to allow the community to intervene when governance goes astray by vetoing proposals and replacing the Progress Council. This is a system of checks and balances, with the expectation that the community will not need to intervene much. Business development and incentives will continue to be driven by the foundation team."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Web3 Watch: Lamborghinis are coming to the metaverse

Plus, Ubisoft is launching NFTs for its Captain Laserhawk shooter game

Blockworks2024/10/06 00:03