PANews reported on September 18th that the Ethereum Layer 2 network Scroll released an update on the evolution of its DAO, stating that it would not be disbanding the DAO, but rather improving it to accommodate its rapid growth. These changes do not pose protocol-level risks, and user funds remain secure. The goal of this governance reform is to create a DAO environment that is based on clear mandates and better aligns with Scroll's vision. Key structural changes proposed for the DAO include: 1. Foundation oversight and operational autonomy: The DAO will report to the Foundation; 2. Strategic resource allocation: DAO funds will be determined and allocated annually or biennially to ensure strategic and efficient use of resources; 3. Increased operational independence: The Foundation will withdraw from the day-to-day operations of the DAO and instead oversee it through an Executive Committee, ensuring that proposals align with Scroll's guidelines and retaining veto power when necessary. Scroll plans to recruit governance committee members in the coming days and work with them to design a new charter and governance model. These will be drafted into a proposal, which will be submitted for feedback and a vote by the DAO. The goal is to complete the new structure before the January 1, 2026 voting cycle. During this transitional phase, the community team will serve as the DAO's proof of concept. Earlier on September 11, ScrollDAO governance was announced to be "suspended" and the leadership team resigned collectively .PANews reported on September 18th that the Ethereum Layer 2 network Scroll released an update on the evolution of its DAO, stating that it would not be disbanding the DAO, but rather improving it to accommodate its rapid growth. These changes do not pose protocol-level risks, and user funds remain secure. The goal of this governance reform is to create a DAO environment that is based on clear mandates and better aligns with Scroll's vision. Key structural changes proposed for the DAO include: 1. Foundation oversight and operational autonomy: The DAO will report to the Foundation; 2. Strategic resource allocation: DAO funds will be determined and allocated annually or biennially to ensure strategic and efficient use of resources; 3. Increased operational independence: The Foundation will withdraw from the day-to-day operations of the DAO and instead oversee it through an Executive Committee, ensuring that proposals align with Scroll's guidelines and retaining veto power when necessary. Scroll plans to recruit governance committee members in the coming days and work with them to design a new charter and governance model. These will be drafted into a proposal, which will be submitted for feedback and a vote by the DAO. The goal is to complete the new structure before the January 1, 2026 voting cycle. During this transitional phase, the community team will serve as the DAO's proof of concept. Earlier on September 11, ScrollDAO governance was announced to be "suspended" and the leadership team resigned collectively .
Scroll updates DAO reform governance process and goals, aiming to complete preparations for the new structure by January 1st of next year
PANews reported on September 18th that the Ethereum Layer 2 network Scroll released an update on the evolution of its DAO, stating that it would not be disbanding the DAO, but rather improving it to accommodate its rapid growth. These changes do not pose protocol-level risks, and user funds remain secure. The goal of this governance reform is to create a DAO environment that is based on clear mandates and better aligns with Scroll's vision. Key structural changes proposed for the DAO include: 1. Foundation oversight and operational autonomy: The DAO will report to the Foundation; 2. Strategic resource allocation: DAO funds will be determined and allocated annually or biennially to ensure strategic and efficient use of resources; 3. Increased operational independence: The Foundation will withdraw from the day-to-day operations of the DAO and instead oversee it through an Executive Committee, ensuring that proposals align with Scroll's guidelines and retaining veto power when necessary.
Scroll plans to recruit governance committee members in the coming days and work with them to design a new charter and governance model. These will be drafted into a proposal, which will be submitted for feedback and a vote by the DAO. The goal is to complete the new structure before the January 1, 2026 voting cycle. During this transitional phase, the community team will serve as the DAO's proof of concept.
Earlier on September 11, ScrollDAO governance was announced to be "suspended" and the leadership team resigned collectively .
Market Opportunity
DAO Maker Price(DAO)
$0.03938
$0.03938$0.03938
USD
DAO Maker (DAO) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Republic Europe Offers Indirect Kraken Stake via SPV
Republic Europe launches SPV for European retail access to Kraken equity pre-IPO.
Share
bitcoininfonews2026/01/30 13:32
cpwrt Limited Positions Customer Support as a Strategic Growth Function
For many growing businesses, customer support is often viewed as a cost center rather than a strategic function. cpwrt limited challenges this perception by providing
Share
Techbullion2026/01/30 13:07
How is the xStocks tokenized stock market developing?
Author: Heechang Compiled by: TechFlow xStocks offers a tokenized stock service, allowing investors to trade tokenized versions of popular US stocks like Tesla in real time. While still in its early stages, it’s already showing some interesting signs of growth. Observation 1: Trading is concentrated in Tesla (TSLA) As in many emerging markets, trading activity has quickly concentrated on a handful of stocks. Data shows a high concentration of trading volume in the most well-known and volatile stocks, with Tesla being the most prominent example. This concentration is not surprising: liquidity tends to accumulate in assets that retail investors already favor, and early adopters often use familiar high-beta stocks to test new infrastructure. Observation 2: Liquidity decreases on weekends Data shows that on-chain equity trading volume drops to 30% or less of weekday levels over the weekend. Unlike crypto-native assets, which trade seamlessly around the clock, tokenized stocks still inherit the behavioral inertia of traditional market trading hours. Traders appear less willing to trade when reference markets (such as Nasdaq and the New York Stock Exchange) are closed, likely due to concerns about arbitrage, price gaps, and the inability to hedge positions off-chain. Observation 3: Prices move in line with the Nasdaq Another key signal comes from pricing behavior during the initial launch period. Initially, xStocks tokens traded at a significant premium to their Nasdaq counterparts, reflecting market enthusiasm and potential friction in bridging fiat liquidity. However, these premiums gradually diminished over time. Current trading patterns show that the token price is at the upper limit of Tesla's intraday price range and is highly consistent with the Nasdaq reference price. Arbitrageurs appear to be maintaining this price discipline, but there are still small deviations from the intraday highs, indicating some market inefficiencies that may present opportunities and risks for active traders. New opportunities for Korean stock investors? South Korean investors currently hold over $100 billion in US stocks, with trading volume increasing 17-fold since January 2020. Existing infrastructure for South Korean investors to trade US stocks is limited by high fees, long settlement times, and slow cash-out processes, creating opportunities for tokenized or on-chain mirror stocks. As the infrastructure and platforms supporting on-chain US stock markets continue to improve, a new group of South Korean traders will enter the crypto market, which is undoubtedly a huge opportunity.
Share
PANews2025/09/18 08:00