Axie Infinity has introduced a new decentralized governance model, initiating changes through the Constitution and AIP-002. These steps aim to actively involve the community in the decision-making process.
Overview of the New Governance Model
Axie Infinity has launched the Constitution and AIP-002, signaling a shift to decentralized governance. This initiative is geared towards engaging the community in decision-making and treasury management, reflecting current trends in the cryptocurrency space.
Community Involvement in Decision Making
The Axie community, including holders and players, will now have the opportunity to participate in governance. The core team is transitioning from traditional leadership to enabling broader participation through quadratic voting and smart contracts.
Comparison with Other Governance Models
Governance changes in Axie Infinity echo similar steps taken by other projects such as yearn.finance and Uniswap, which also increased tokenholder involvement. Experts highlight the importance of such shifts in enhancing transparency and stabilizing ecosystems.
The introduction of a new governance model in Axie Infinity suggests a significant strengthening of community roles and an adaptation to current market conditions. Such initiatives may affect market dynamics and enhance stakeholder engagement.
