Optimism has announced the launch of a new governance portal called optimism now. The portal, created by Agora, aims to bring Token House votes to the full chain from the previous government portal.
The transition to fully on-chain voting
According to the ManualOptimism Collective makes decisions through government proposals that are accepted or rejected by the voting process.
Optimism, a layer 2 portal on Ethereum, has a portal from which they are now migrating to a custom on-chain voting solution. Here, all governance proposals are put to a vote.
Previously, Token House voting was done via a five-week cycle for all proposals. Anyone can submit a proposal to the Optimism government as long as it is valid and follows the proper voting process. He Manual describes the voting process and lists the correct types of proposals.
According to the Delegate Committee Uniswap-Optimism, there is a set procedure that is followed for any transition. The committee also outlines the roles and expectations of committee members and the criteria they must follow.
What is Optimism Agora?
Optimism Agora is part of Collective Optimism, a band of different entities working together to reward public goods and dispel the myth that they cannot be profitable. It takes a different governance approach and aims to build a sustainable future for ethereum. You are also linked by a mutually beneficial vision that equates impact with gain.
The Optimism Agora portal describes itself as an “optimistic voter home” hosting the Optimism Token House. serves as the Delegate Registration and offer a platform for all Token House votes to happen on-chain.
The launch of Optimism Agora is the first step towards the transition to fully on-chain voting. Furthermore, the release will improve the governance of DAO and blockchains.
The Optimism Agora portal has run a test vote that will last until February 16 before voting for the Bedrock protocol update in March.
The forum post was available until February 8th and is set for a 3-day instant vote poll before voting ends.
Optimism Governance has recognized Agora for making the portal a reality.
How will the transition affect optimism?
The main goal of the transition is to improve the governance process in DAO and blockchain.
The portal will also serve as a Delegate registry containing the contacts and addresses of contracted Delegates.
