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
Pacman: The goal of the Blast governance mechanism is to allow the community to intervene when necessary to form a system of checks and balances

Pacman: The goal of the Blast governance mechanism is to allow the community to intervene when necessary to form a system of checks and balances

CointimeCointime2024/07/04 06:19
By:Cointime

On July 4th, Blur and Blast co-founder Pacman posted on social media stating, "I believe that the Blast governance mechanism is currently greatly misunderstood. Its goal is not to actively involve the community in governance (which is not feasible), but to allow the community to intervene when governance goes astray by vetoing proposals and replacing the Progress Council. This is a system of checks and balances, with the expectation that the community will not need to intervene much. Business development and incentives will continue to be driven by the foundation team."

0

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!