The Scroll DAO, responsible for the Ethereum $4,420 Layer 2 scaling project, Scroll, has taken a significant step by temporarily suspending its governance operations. The decision follows a series of leadership resignations and was officially announced to the public. Olimpio, a DAO delegate, shared through his account, indicating that the governance process is undergoing a redesign.
Leadership Resignations Prompt Key Decisions
Eugene, one of the leaders of Scroll DAO, officially resigned from his position last week. In response to this resignation, Scroll co-founder Haichen Shen announced efforts to restructure the governance model. This move aims to address the changes needed within the organization to maintain stability and ensure continued growth.
Scroll DAO
In an official statement on the matter, it was clarified that the suspended system is not being ended permanently. Instead, it is temporarily on hold in preparation for a new governance structure. Raza Zaidi, responsible for growth at Scroll, emphasized that the process is a pause, not a cessation. However, no clear roadmap has been shared on how the restructuring will proceed. The community is currently awaiting official updates on the management system.
The Future of Governance in the Altcoin
As a result of the suspension of the governance mechanism, several proposals, including those related to the Scroll DAO treasury, are on hold. The decision-making process regarding whether these proposals will be implemented remains uncertain for now. Stakeholders in the project are keenly watching for any developments that could provide clarity on the future governance path.
The DAO was established following the launch of SCR, the mainnet asset of the altcoin project. The organization collaborated with the Scroll Foundation and the Security Council, with governance facilitated by votes from community delegates. While the suspension suggests that the structure will undergo reshaping, the progression of the process is currently uncertain.
