Agora
@agora
Exciting milestone today on @Optimism's path towards ✨progressive decentralization✨! The Token House approved our Proposal to Enable Onchain Treasury Execution, which now proceeds to the Citizens’ House. What does this mean for @Optimism? 👇
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Agora
@agora
Today, proposals on Optimism are voted onchain, but executed manually by the Optimism Foundation. If approved, this update will allow treasury transfers to happen automatically, bringing more transparency and decentralization to the ecosystem. Note that protocol upgrades and governance changes will still be executed by the Foundation for now.
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Agora
@agora
With the Proposal's nod from the Token House, it now enters a 7-day veto period in the Citizens' House. Next, the Optimism Foundation will upgrade the governor to activate ✨onchain treasury execution✨ – allowing transfers of OP tokens to be executed permissionlessly!
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