Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
PolkaWorld: Operations have been suspended for half a month, and Polkadot’s new governance framework OpenGov is forcing the outflow of ecological projects
2023-09-15 13:02
Odaily News Polkadot Chinese community PolkaWorld posted on X that due to the rejection of the proposal to apply for official funding, PolkaWorld has suspended operations for half a month. PolkaWorld also criticized Polkadot’s new governance framework OpenGov. OpenGov was originally designed to make Polkadots governance more decentralized while improving the efficiency and transparency of the treasury. However, the treasury management mechanism under this framework has resulted in the funding applications of many long-term contributors and organizations being repeatedly rejected, forcing these The group left the Polkadot ecosystem. PolkaWorld explained that under the previous version of the governance framework, DOT holders would choose a council with professional knowledge reserves, which would evaluate specific proposals. This effective treasury mechanism should be integrated into OpenGov within the governance framework. However, under today’s OpenGov governance framework, DOT holders tend to resist all proposals to cash out treasury reserves, leaving many long-term contributors and organizations without the funding they deserve. PolkaWorld called on all DOT holders to realize that treasury exists to promote the development of the ecosystem. If OpenGov will lead to the loss of ecological projects, then this may mean that DOT holders are doing something under OpenGov Wrong vote.