• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Leadership Changes in Scroll DAO and Governance Suspension

user avatar

by Giorgi Kostiuk

2 days ago


Scroll DAO, the organization behind the Ethereum Layer 2 scaling initiative known as Scroll, has paused its governance functions due to leadership changes.

What Triggered the Leadership Exodus?

Last week, key member Eugene stepped down from his leadership role at Scroll DAO. This prompted Scroll co-founder Haichen Shen to propose a reconfiguration of the organization's governance model, aiming to address internal changes necessary to preserve stability and promote sustained growth.

Will Governance Changes Affect Project Decisions?

Given the current pause, numerous proposals concerning the Scroll DAO treasury have been put on hold. Decisions regarding these pending proposals remain ambiguous, leaving stakeholders anticipating forthcoming updates that may clarify governance direction.

The Future of Scroll DAO: What’s Next?

Established with the release of SCR, the mainnet asset of the altcoin project, the DAO operates alongside the Scroll Foundation and the Security Council. Governance has traditionally relied on votes by community delegates. The suspension indicates potential structural changes, but the path of reconstruction remains undefined.

The reshaping of Scroll DAO's governance model will be critical in determining the project's future, keeping the community on edge for subsequent announcements. As the organization navigates these changes, clarity will be essential to regain momentum and stakeholder confidence.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Arthur Hayes: Patience is Key for Bitcoin Investors

chest

Arthur Hayes, co-founder of BitMEX, urges investors to be patient and not expect instant profits from Bitcoin.

user avatarGiorgi Kostiuk

Tom Lee: Bitcoin Could Hit $200,000 With Possible Fed Rate Cuts

chest

Tom Lee predicts Bitcoin may reach $200,000 by year-end due to potential Federal Reserve interest rate cuts.

user avatarGiorgi Kostiuk

U.S. Government Holds $23 Billion in Bitcoin and $800 Million in Ethereum

chest

The U.S. government now holds approximately $23 billion in Bitcoin and $800 million in Ethereum, primarily acquired through law enforcement actions.

user avatarGiorgi Kostiuk

Bitget and Erasmus Student Network Unite to Educate on Web3 Skills.

chest

Bitget and ESN Luzern hosted a joint event for students, introducing them to the foundations of Web3 technology and cryptocurrencies.

user avatarGiorgi Kostiuk

PEPE Sees 17% Increase After Whale Purchases

chest

PEPE cryptocurrency has recorded a 17% rise in the last 24 hours amid significant purchases and favorable market conditions.

user avatarGiorgi Kostiuk

CryptoAppsy: an app for real-time insights into the cryptocurrency market

chest

CryptoAppsy provides users with real-time updates on prices and portfolios, simplifying navigation in the cryptocurrency world.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.