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Pyth initiated the "PIP-1: Voting on the Pyth DAO Constitution" proposal

Pyth initiated the "PIP-1: Voting on the Pyth DAO Constitution" proposal

2024/02/07 05:37

According to the official announcement, PythNetwork initiated the "PIP-1: Voting on the PythDAO Constitution" proposal. The proposal aims to: · Establish rules and procedures for PIP submission and voting; · Propose two committees: the Pythian Committee and PriceFeed Committee, responsible for voting and implementing certain operational PIPs defined in the proposed constitution; · List a series of values ​​and principles of the Pyth DAO community centered around ownership, governance, and inclusiveness to achieve long-term interests of PythDAO. After successful passage of this proposal, there will be a clear framework for governance, operation, and processes within Pyth DAO that can submit subsequent improvements proposals (PIPs). Voting began at 2 am Beijing time today with a window open for seven days. As of press time, this proposal has received 222,069,021 votes in favor accounting for 99.5% of total votes cast so far.

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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.

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