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Decentralized L3 Infrastructure focused Orbs Launches Community Vote on Establishing DAO Governance Framework
['Omar Faridi']
Crowdfund Insider
Orbs, a decentralized Layer-3 infrastructure project focused on advanced on-chain trading and DeFi capabilities, has opened its first formal community governance proposal, known as OIP-9.
The proposal seeks community approval to formally create the Orbs DAO and define its starting governance structure, marking a key step in shifting meaningful protocol decision-making toward token holders.
The Orbs protocol launched more than seven years ago, with formal on-chain governance processes operating for nearly four years.
Products powered by the infrastructure include tools for limit orders, time-weighted average price execution, optimized liquidity access, and decentralized derivatives.
This step represents a transition from earlier governance participation toward formal DAO authority.