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Taiko: The governance model Taiko DAO has been launched, featuring a security council with external representatives

Jan 15, 2025 22:18:37

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ChainCatcher news, according to official information, the Ethereum Layer2 network Taiko has announced the launch of the governance model Taiko DAO, built in collaboration with the Aragon Project. The core of this DAO is a governance structure with a secure council that has external representatives. A multi-signature (multisig) ensures operational flexibility while maintaining the security measures brought by community-driven decision-making.

In addition, Taiko DAO introduces an optimistic governance mechanism, where proposals enter a veto period for community review. Token holders and representatives can participate in the voting process. Proposals that do not reach the veto threshold by the end of the veto period will be executed after a 7-day delay.

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