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This ZEIP introduces a new system of smart contracts to replace the existing zeroExGovernor with one that is fully on-chain binding. Successful adoption of this ZEIP will put full control over exchangeProxy and zrxTreasury in the hands of the 0x Protocol community.
Type:
CORE
Motivation
For 0x Protocol to be an unstoppable core infrastructure that facilitates the global flow of value, its governance needs to be decentralized. This ZEIP will transition 0x Protocol governance to a fully decentralized manner.
This ZEIP introduces a new system of smart contracts to replace the existing zeroExGovernor with one that is fully on-chain binding. Successful adoption of this ZEIP will put full control over exchangeProxy and zrxTreasury in the hands of the 0x Protocol community.
Type:
CORE
Motivation
For 0x Protocol to be an unstoppable core infrastructure that facilitates the global flow of value, its governance needs to be decentralized. This ZEIP will transition 0x Protocol governance to a fully decentralized manner.
ZEIP - on-chain governance
Summary ( 2-5 Sentences )
This ZEIP introduces a new system of smart contracts to replace the existing
zeroExGovernor
with one that is fully on-chain binding. Successful adoption of this ZEIP will put full control overexchangeProxy
andzrxTreasury
in the hands of the 0x Protocol community.Type:
CORE
Motivation
For 0x Protocol to be an unstoppable core infrastructure that facilitates the global flow of value, its governance needs to be decentralized. This ZEIP will transition 0x Protocol governance to a fully decentralized manner.
Specification
Refer to the open development here: 0xProject/protocol#641
Implementation
0xProject/protocol#641
Designated team:
0x Labs
Sponsor (for CORE type only):
0x Labs
Notes
For more context on motivation, check out these posts within the governance forum:
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