News
Optimism proposes replacing Security Council cohort elections with Lead-nominated appointments
Optimism Foundation has drafted a revision to its Operating Manual that would end Security Council cohort elections. Instead, an elected Security Council Lead would nominate members, who would assume their seats unless tokenholders representing at least 20% of active votable OP supply veto them within a week. The Token House would retain the right to veto each nominee and to remove the Lead. The proposal, marked as a draft on Oct. 25, would take effect after a Lead election and ratification.