The Alchemy governance application has served PrimeDAO for its governance for the first 9 months of its existence. Due to high gas fee’s and the fact that there is no development team working on the Alchemy application has stagnated the progress of the platform making it nearly impossible to use, leading to low governance participation. As PrimeDAO is transitioning towards a next iteration, it is important to improve, streamline and open up the Governance process. In that attempt we aim to move towards a more clear and inclusive governance mechanism and update the current voting power (REP) to ensure that the current stakeholders are correctly represented in PrimeDAO’s governance.
Please take a look at the full proposal below and leave comments either in this forum thread or in the docs directly!