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Layer 2, Rollups, and Building Onchain (with Base)
web3 with a16z crypto
Effective Governance in Two-house System for Token Holders
The governance structure involves a two-house system where token holders have proportional voting rights based on their token ownership, while citizens, who opt in, have equal voting rights, creating a balanced approach. The two houses have distinct responsibilities, vote on different issues, and maintain checks and balances. The introduction of a security council adds a third governance component for further balance and oversight.
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