Polygon is Moving to Decentralized Management
posted 19 Jul 2023
Polygon Labs has announced plans for a new, more decentralized governance model as part of its upcoming Polygon 2.0 roadmap.
The team has proposed "three governance pillars" that will manage the core protocol, smart contracts, and a community treasury.
Key features include an expanded Polygon Improvement Proposal (PIP) framework, an ecosystem council to manage system smart contract upgrades, and a two-phase community treasury governance model to fund promising projects.
The team has proposed "three governance pillars" that will manage the core protocol, smart contracts, and a community treasury.
Key features include an expanded Polygon Improvement Proposal (PIP) framework, an ecosystem council to manage system smart contract upgrades, and a two-phase community treasury governance model to fund promising projects.
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