Scroll DAO Halts Governance Amid Leadership Changes

Scroll DAO Pauses Governance Structure Amid Leadership Shake-Up

The Scroll decentralized autonomous organization (DAO) is temporarily halting its governance process. This decision follows leadership resignations and confusion surrounding the status of current proposals, as revealed during a delegate call on Wednesday.

DAOs operate using rules encoded in smart contracts, allowing token holders to vote on key decisions like fund allocation and feature modifications. However, recent events have prompted a re-evaluation of Scroll's governance model.

Key Developments:

• Governance Redesign: According to delegate Olimpio, Scroll co-founder Haichen Shen stated the team is “redesigning governance.”
• Temporary Pause: Scroll contributor Raza clarified that this is a “pause,” not a complete cessation of governance activities.

Delegates are trusted community members who vote on proposals on behalf of other token holders.

It remains unclear whether active proposals, including those concerning treasury management, will be implemented.

Olimpio reported that a key leadership figure, Eugene, resigned this week. Scroll team members have admitted uncertainty regarding the status of live or previously approved proposals.

Scroll has requested time to reorganize before outlining the next steps. The future structure and processes of governance are currently undefined, with a possible shift towards a more centralized approach.

While top delegates like Olimpio, who holds 176,000 SCR in voting power, remain in place, the execution of existing governance proposals is now uncertain.

Scroll’s SCR token has seen a 3% increase in the last 24 hours, mirroring a broader market uptrend, but is down 75% since its peak last December.

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