Orbs Proposes Community Governance Framework for Decentralized Decision-Making
Decentralized layer 3 infrastructure project Orbs has proposed its first formal community governance proposal, OIP-9. This proposal seeks approval to establish the Orbs DAO and create the project's initial decentralized governance framework.
The framework would enable holders of staked ORBS tokens to participate in Snapshot voting on selected protocol decisions, with implementation handled through DAO-controlled multisig wallets.
Initial governance responsibilities would include oversight of Proof-of-Stake infrastructure, Guardian management, protocol upgrades, and new network-level deployments.