Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Pyth launches "PIP-1: Adopt Pyth DAO Constitution" proposal vote

Pyth launches "PIP-1: Adopt Pyth DAO Constitution" proposal vote

CointimeCointime2024/02/07 05:26
By:Cointime

According to the official announcement on February 7th, Pyth Network initiated the "PIP-1: Pyth DAO Constitution Approval" proposal vote. It is reported that the proposal aims to:

· Establish rules and procedures for PIP submission and voting

· Propose the establishment of two committees: the Pythian Committee and the Price Feed Committee, which are responsible for voting and implementing certain operational PIPs defined in the proposed charter, respectively

· List a series of values and principles of the Pyth DAO community, with ownership, governance, and inclusiveness at the center, to achieve the long-term interests of the Pyth DAO

After the proposal is successfully approved, the governance, operation, and process of Pyth DAO will have a clear framework and be able to submit subsequent Pyth improvement proposals ("PIP"). The voting opened at 2:00 AM Beijing time today and the window will be open for 7 days. As of the time of publication, the proposal has received 222,069,021 affirmative votes, accounting for 99.5% of the current total voting volume.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!