Polygon plans to update its governance model in Polygon 2.0, introducing an "Ecosystem Council."

2023-07-19 17:21:28
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ChainCatcher news, the Polygon team announced plans to create a new governance framework aimed at achieving more decentralized control over its ecosystem. The Polygon team stated that the new governance model will form "three major governance pillars," focusing on core protocol governance, smart contract governance, and community treasury governance. Other key features include the expansion of the Polygon Improvement Proposal (PIP) framework, the introduction of an "Ecosystem Committee" for system smart contract upgrades, and community treasury governance to fund promising ecosystem projects. The Polygon team stated that it is inviting stakeholders, including validators, DApp developers, and users, to participate in the development of its governance framework.

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