Scroll DAO Pauses Governance Process Following Leadership Resignations
The Scroll decentralized autonomous organization (DAO) will pause its governance process due to leadership resignations and confusion over active proposals. Key points include:
- The DAO operates under blockchain rules, with decisions made through token-based voting.
- Co-founder Haichen Shen mentioned a redesign of governance, described as a "pause" by contributor Raza.
- It is uncertain if current proposals, including treasury management, will proceed.
- Leadership figure Eugene resigned, leading to uncertainty about which proposals are live or approved.
- Scroll is seeking time to restructure governance, potentially moving towards a more centralized model.
- Top delegates remain in place, with Olimpio holding 176,000 SCR in voting power.
- SCR tokens increased by 3% in the last 24 hours but are down 75% from last December's peak.