Milk Mocha is making a significant shift towards a decentralized governance model, aiming to enhance community engagement and decision-making authority among its active participants. According to the results published in the material, this transition is expected to empower users and foster a more inclusive environment.
Introduction of New Governance System
The brand is implementing a new governance system through HugVotes, which will allow only those who have staked their tokens to influence project decisions. This strategic move is designed to empower dedicated community members while filtering out passive holders from the governance process.
Ongoing Presale and Transition
As the presale is currently ongoing, this transition is being executed online within the Milk Mocha ecosystem. The initiative seeks to foster long-term commitment and active participation in the brand's development, ensuring that those who contribute to the project have a say in its future direction.
Pendle has recently revamped its governance structure to enhance user engagement, a move that contrasts with Milk Mocha's shift towards a decentralized model. For more details, see read more.
