Announcing the Decentralization Roadmap, Planning to Transfer Protocol to DAO Governance
Focusing on long-term development, the WalletConnect team has announced its roadmap for the decentralized governance of its protocol. The plan is to gradually transfer control and governance of the protocol to a community-managed decentralized autonomous organization (DAO) over the next few years. This process will include issuing governance tokens, establishing a community treasury, and implementing voting mechanisms. The roadmap aims to ensure that WalletConnect can operate as a neutral public good in the long term, avoiding control by any single entity, thereby earning lasting trust from the entire Web3 community. #WalletConnect
