Optimism Draft Puts Council Picks Behind 20% OP Veto
The draft would make a Lead's nominee the default winner, leaving tokenholders to organize 20% of active votable OP to block each appointment.
Every Zipp story tagged #SecurityCouncil, newest first.
The draft would make a Lead's nominee the default winner, leaving tokenholders to organize 20% of active votable OP to block each appointment.
The 5-of-8 multisig can only cancel malicious transactions during the two-day timelock; treasury control stays with token holders, and the authority sunsets automatically unless DAO votes to extend.
Johnson's veto over a 3-of-7 quorum rule sets up a competing slate, but the bigger signal is governance concentration: one wallet just swung an 80% decision on a top Ethereum identity protocol.