0x takes first steps towards decentralization of governance By Cointelegraph


0x takes the first steps towards decentralizing governance

In a post today on its governance and research forums, the team behind the DEX protocol of decentralized finance (DeFi) 0x announced initial plans to decentralize its governance by creating a “community-owned treasury seed funded by 0x Labs.” . “As we continue our mission to create a tokenized world where all value can flow freely, 0x Labs intends to experiment with seed funding from a community treasury managed by a DAO,” the post reads. “To establish the DAO, 0x Labs will identify a set of bootstrap delegates who will guide the initial steps of decentralizing governance.” Continue reading on Coin Telegraph

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