Orbs proposes first DAO governance framework in OIP-9

Orbs has introduced OIP-9, its first formal community governance proposal, seeking approval to establish the Orbs DAO and launch the project’s initial decentralized governance framework. Under the plan, holders of tokens staked in the Orbs Proof-of-Stake contract would take part in Snapshot voting on selected protocol decisions, with execution handled through DAO-controlled multisig wallets. The first governance duties would cover selected network parameters for the Proof-of-Stake infrastructure, Guardian certification and revocation, major protocol upgrades, and approval of new protocol deployments and network-level product modules. Orbs says the design is meant to support progressive decentralization by expanding DAO authority over time as the community gains experience. Future proposals could move protocol revenue, treasury management, liquidity strategies, grants, burn mechanisms and broader tokenomics to the DAO. If approved, the proposal would also create the governance base for Orbs’ upcoming Season 1 tokenomics proposal while keeping a limited emergency mechanism that still requires later community ratification. Orbs says it has spent more than seven years developing the protocol and nearly four years running on-chain governance, and now operates live layer 3 infrastructure for advanced on-chain trading across multiple blockchain ecosystems, supporting DeFi products including dLIMIT, dTWAP, Liquidity Hub and Perpetual Hub.