Pacman: The goal of the Blast governance mechanism is to allow the community to intervene when necessary to form a system of checks and balances
Odaily2024/07/04 06:06
By:Odaily
Odaily News Blur and Blast co-founder Pacman wrote on X: “I think the Blast governance mechanism is currently seriously misunderstood. Its goal is not to allow the community to actively participate in governance (which does not work), but to enable the community to intervene when governance goes astray by vetoing proposals and replacing the Progress Council. This is a system of checks and balances, and the expectation is that the community basically does not need to intervene. Business development and incentives will continue to be driven by the foundation team.”
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
CandyBomb x RAVE: Trade futures to share 200,000 RAVE!
Bitget Announcement•2025/12/12 14:00
Bitget TradFi: Trade gold, forex, and more assets in one account
Bitget Announcement•2025/12/12 05:25
CandyBomb x US: Trade to share 5,400,000 US
Bitget Announcement•2025/12/11 09:00
[Initial Listing] Bitget to list Almanak (ALMANAK). Grab a share of 4,200,000 ALMANAK
Bitget Announcement•2025/12/11 08:24
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$90,126.89
-0.23%
Ethereum
ETH
$3,108.9
+0.66%
Tether USDt
USDT
$1
+0.01%
BNB
BNB
$892.97
+0.85%
XRP
XRP
$2.01
-0.96%
USDC
USDC
$1
+0.01%
Solana
SOL
$132.21
-0.35%
TRON
TRX
$0.2740
-0.02%
Dogecoin
DOGE
$0.1378
+0.17%
Cardano
ADA
$0.4071
-0.73%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now