Digital Finance & Tokenization▲
Orbs Launches First Community Governance Vote to Establish Its DAO Framework
Orbs has launched OIP-9, its first formal community governance vote to establish the Orbs DAO and introduce a governance framework. If approved, the proposal will create the DAO's initial governance layer, giving eligible participants authority over defined areas of the protocol while laying the foundation for progressive decentralization. Governance participation will initially be open to holders of tokens staked in the Orbs Proof-of-Stake contract, with the DAO operating through community proposals and Snapshot voting. The DAO will initially oversee selected network parameters governing the Proof-of-Stake infrastructure, Guardian certification and revocation, approval of major protocol upgrades, and approval of new protocol deployments and network-level product modules. The proposal adopts a progressive governance model that expands community responsibility over time, with future proposals potentially addressing protocol revenue, treasury management, liquidity strategies, grants, burn mechanisms, and broader tokenomics.