Starknet DAO is set to begin its decentralized governance with the community’s inaugural vote to green light the launch of its latest protocol upgrade, called Starknet Alpha v0.11.0.
This first phase of Starknet’s governance will focus on protocol upgrades. Community members will be able to vote on every protocol upgrade released by the Ethereum scaling solution. Every successful vote will lead to the launch of a new protocol version on the Starknet mainnet.
The Starknet Foundation says it will be playing a pivotal role in kickstarting the DAO’s governance. Established in October 2022, the Starknet Foundation is in charge of leading grants and funding for the Ethereum scaling protocol. The foundation plans to share some of its voting power with several independent delegates. This move is to ensure a diverse governance environment for the project. Other participants in this early governance period will include investors, core contributors, and other delegates.
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