Bitlayer Series (16): Community Governance Model of the Team
The Bitlayer team implements a decentralized governance model, allowing community members to vote on protocol upgrades or fund allocations. This is different from some projects controlled by a few individuals; the team regularly holds AMA meetings to gather user feedback and then uses DAO tools to implement changes, ensuring that everyone has a voice.
Team members come from diverse backgrounds, with some focusing on code and others on market management, but they all emphasize transparency, such as publicly sharing all development progress reports. This model not only builds trust but also allows for quick responses to market demands, avoiding the bureaucratic issues of traditional teams.
Bitlayer's governance practices are setting an industry benchmark. It makes users feel like they are part of the project, driving Bitcoin DeFi towards a more democratic direction.
