TechFlow reports that the Polygon team has unveiled plans to create a new governance framework aimed at achieving more decentralized control over its ecosystem.
The Polygon team stated that the new governance model will establish "three pillars of governance," focusing on core protocol governance, smart contract governance, and community treasury governance. In a blog post, Polygon noted it intends to draw inspiration from Ethereum's governance model, adopting its ethos and community-building techniques.
Other key features include an expanded Polygon Improvement Proposal (PIP) framework, the introduction of an "Ecosystem Council" for upgrading system smart contracts, and a two-stage community treasury governance mechanism to fund promising ecosystem projects.
