Taiko Unveils Its DAO: A New Era of Decentralized Governance

Taiko, a blockchain platform known for its commitment to innovation and community, has taken a leap towards decentralization with the introduction of its Decentralized Autonomous Organization (DAO). Built in collaboration with Aragon, this governance model is designed to empower the community while ensuring robust security and operational flexibility. Here’s a closer look at what Taiko’s DAO brings to the table.

A Governance Model for the Future

At the core of Taiko’s DAO is a carefully designed governance structure featuring a Security Council with external representatives. This structure is powered by a multi-threshold multisig mechanism, enabling streamlined operations while upholding rigorous security measures. Through this system, Taiko ensures that community voices are integral to its decision-making process.

Introducing the Taiko DAO

Taking a major step towards decentralization, we're proud to unveil our governance model built in collaboration with @AragonProject. This marks a crucial milestone in Taiko's journey.https://t.co/kqKYKY2s0x

1/ pic.twitter.com/hWzOADpkHL

— Taiko 🥁 (@taikoxyz) January 15, 2025

Optimistic Governance: Empowering the Community

One standout feature of Taiko’s DAO is its optimistic governance model. Here’s how it works:

• Proposals and Veto Period: When a proposal is introduced, it enters a community review phase known as the veto period. This allows token holders and delegates to assess the proposal.
• Community Voting: If the proposal doesn’t meet a specified veto threshold by the end of the review period, it is approved for execution with a 7-day delay.

This approach ensures that the community has ample time to voice concerns while enabling efficient execution of proposals.

Multisig for Secure and Flexible Operations

Taiko’s multi-threshold multisig system separates standard operations from emergency responses:

• Standard Operations: These follow the regular approval process through the Security Council.
• Emergency Actions: These require a supermajority of the council and involve encrypted proposals for enhanced security. This dual approach allows Taiko to act swiftly in urgent situations while maintaining operational integrity.

How to Get Involved

Taiko invites everyone to participate in shaping its future:

• Review the Design: Explore the DAO’s design and contracts on GitHub.
• Join the Conversation: Share your thoughts and ideas on Taiko’s Discord.
• Stay Informed: Dive deeper into the details by reading the official announcement on Mirror.

Why It Matters

By introducing a DAO, Taiko is not just decentralizing its governance but also fostering a sense of ownership and responsibility among its community members. This marks a crucial milestone in Taiko’s journey towards building a blockchain ecosystem that is secure, transparent, and driven by its users.

So, what are you waiting for? Join the movement, shape the future, and be part of Taiko’s journey towards decentralized excellence. Together, let’s make it happen!

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