Polygon unveils governance vision and invites community participation
Polygon, a popular Ethereum scaling solution, recently shared its vision for governance, outlining three key areas that need to be addressed as the ecosystem and community continue to grow. These three pillars consist of Protocol Governance, System Smart Contracts Governance, and Public Goods Funding. The Polygon team is inviting the community to share their thoughts and contribute proposals to help shape the future of Polygon governance. They emphasize the importance of decentralized and collaborative infrastructure and welcome input from everyone to build a more secure, transparent, and decentralized network.
Background on Polygon's growth and need for governance
Given the rapid growth of the Polygon ecosystem in terms of adoption and the emergence of new protocols, such as Polygon zkEVM, the team believes it's essential to reintroduce and reinvigorate efforts around long-term thinking on governance. They aim to use this opportunity to provide a high-level vision and overview of the key areas of governance that should be addressed as Polygon protocols, ecosystem, and community mature. The ultimate goal is to develop specifications for an overarching governance framework that promotes decentralized decision-making and advances the Web3 ethos.
Polygon's commitment to decentralization and inclusivity
Polygon is dedicated to achieving an equitable and inclusive world through decentralized technology. Their team plans to work with the community to propose decentralized frameworks that allow for optimal maintenance and development across Polygon protocols. They also aim to ensure that Polygon protocols require no single coordinating entity by design. As such, they expect the role of Polygon Labs (a development and growth team for the decentralized Polygon protocol) to decrease over time and want to facilitate that transition, especially concerning the maintenance and development of Polygon protocols. This process should be accompanied by the emergence of a vibrant decentralized community.
Open source roots and the importance of community-driven governance
The roots of open source development run deep, with the entire discipline of software engineering arguably originating from the open and transparent collaboration between academics and researchers in the 1950s and 1960s. This collaborative culture eventually became a victim of its success with the gradual commercialization of software. However, the principles of open and democratized development persisted. Polygon's call for proposals and community input on its governance vision reflects this ethos, as they aim to create a governance framework that is driven by the very community it serves.