Orbs is holding its first formal community governance vote to establish a DAO framework and hand over protocol decisions to token holders. The proposal, called OIP-9, opens voting to anyone with tokens staked in the network's Proof-of-Stake contract, using Snapshot for balloting and multisig wallets to execute approved changes.
The network built its Layer-3 infrastructure over seven years and has been running on-chain governance for nearly four years. Now it's formalizing what that governance actually means. Staked holders would vote on network parameters, Guardian certification, major protocol upgrades, and new deployments. The DAO starts with limited scope but is designed to gradually absorb more responsibilities.
Ran Hammer, VP of Business Development at Orbs, said the framework balances decentralization with operational security. "It establishes governance with clearly defined authority from day one while letting the community take on greater responsibility over time," he told the team. The phased approach, according to Hammer, sets up the next growth phase of the ecosystem without rushing into full decentralization before the community is ready.
The structure keeps multisig wallets as the execution layer, meaning approved votes don't automatically execute. That separation gives the network a safety valve if something goes wrong. Token holders propose and vote through Snapshot, then the multisigs implement what passes. It's a common pattern in crypto governance, though some projects argue it's still too centralized if the multisig signers act against community votes.
This article is informational and does not constitute financial or investment advice. Always conduct your own research before participating in governance votes or making investment decisions.
