|

Scroll DAO Suspends Operations Following Mass Resignations

📜

Scroll DAO, the decentralized governance physique behind Ethereum Layer 2 undertaking Scroll, has suspended operations after a number of leaders resigned and uncertainty grew over the group’s course.

After a current delegate name, community representative Olimpio confirmed governance could be paused. Proposals stay stay on the platform, however there is no such thing as a readability on how they are going to be dealt with.

“They don’t wish to say “STOP”/”Dismantle” governance, they wish to say “PAUSE,” Olimpio wrote on X, summarizing the dialogue.

Governance In Limbo As Senior Members Depart

The turbulence follows the departure of Eugene Chen, a key determine within the DAO’s management. In a farewell message, Chen cited “a current want to attenuate governance at Scroll” and disagreements with management as causes for his resignation. He added that he couldn’t “in good religion keep at Scroll” beneath the present course.

Chen stated his final day might be Sept. 30, although he intends to advocate for the group till then.

“While there isn’t any readability in the mean time on the place governance at Scroll is headed, the mandate of minimizing governance and slowing down if not halting progressive decentralization shouldn’t be one thing that I intend to help,” he wrote.

Another governance member, Jamilya Okay, expressed shock on the disarray and stated she was nonetheless processing the modifications. She urged group members to attend for the upcoming name for extra readability.

“I joined this house again in 2016 as a result of I noticed it as an embodiment of resistance to the established order,” she stated, including that constructing the DAO had been “an unimaginable journey.”

Unfinished Proposals Hang In Balance As Governance Pauses

The shake-up has left a number of lively proposals in limbo. These embrace a governance council formation, contribution recognition for the May–December 2025 cycle, a treasury administration request for proposal and a timelock check. Delegates debated whether or not such gadgets ought to nonetheless be honored given the pause.

Scroll co-founder Haichen Shen advised delegates that governance is being “redesigned” however offered no agency timeline or roadmap.

Another staff member, Raza, burdened the significance of utilizing the phrase “pause” slightly than “cease,” reflecting the uncertainty round whether or not governance could be revived in its present kind.

Delegates famous management used the phrase “experiment” a number of instances, suggesting a shift towards a extra centralized or restructured mannequin. However, there was little readability on what course of will observe or how a lot decision-making energy the group will retain.

Scroll’s $SCR Token Holders Left Waiting For Clarity

Scroll DAO was created as a part of the undertaking’s progressive decentralization technique. It gave $SCR token holders the power to vote on key proposals. The DAO aimed to information Scroll’s growth, handle its treasury and acknowledge contributors. Therefore, the suspension marks a crucial setback to that imaginative and prescient.

Scroll itself, based in 2021 by Ye Zhang, Sandy Peng, and Haichen Shen, is one in every of Ethereum’s most intently watched scaling options. Built with zero-knowledge rollup know-how, it goals to enhance scalability and safety by processing transactions off-chain whereas preserving Ethereum’s belief mannequin.

For now, governance exercise stays frozen, with leaders asking for time to “put all the things so as.”

Delegates and group members are awaiting extra concrete communication on what comes subsequent.

The publish Scroll DAO Suspends Operations Following Mass Resignations appeared first on Cryptonews.

Similar Posts