How Optimism’s draft manual silently strips tokenholder elections
AI summary
Optimism's Foundation has published a draft governance manual that would end cohort elections for tokenholders and instead seat nominees unless a veto reaches 20% of active votable OP supply. The change would shift power over governance seats away from ordinary OP holders toward the Foundation and large delegates. Traders holding OP should watch how the proposal is received, since governance structure changes can affect delegate influence and token demand.
