Catch Up With What Happened This Week in BanklessDAO
Dear Bankless Nation 🏴,
A recent proposal to elect a new multisig signer is on the Forum. This will serve as a replacement for OxLucas on the Vault Multisig, as he has requested to step down. The proposal outlines the steps to elect a new member to maintain the seven-member structure of the multisig. If you're interested, visit the Forum for details on the requirements and the application process.
Meanwhile, the multisig rejected some OP token distribution transactions, leading to mixed reactions from the community. The multisig urges concerned community members to remain calm, as steps are being taken to resolve the issue as soon as possible.
In light of these events, this week’s editorial focuses on the core principles that shape our community: decentralization, transparency, and accountability. The Vault Multisig is a vital part of this system, and understanding the responsibilities and rights of the signers and the broader framework is key to ensuring effective governance.
As a community, we’re on a journey toward improvement, and the sooner we acknowledge that it’s a gradual process, the faster we can achieve collective success.
Contributors: Lucent, Tonytad, Angelspeaks, Boluwatife, Kornekt, WinVerse
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🏃♀️ Catch up: Listen to this week's Community Call recording.