Optimistic Governance
Last updated
Last updated
Optimistic Governance lets a small group of decision-makers propose changes, subject to a veto from the larger DAO. This accelerates operational efficiency by automating routine decisions while maintaining appropriate oversight.
It's best to build Optimistic Governance on battle-tested governance contracts like Governor and Timelock. These modular contracts plug into a rich ecosystem of DAO apps and tools like Tally.
If you would like to work with Tally to set up Optimistic Governance for your DAO, email biz@tally.xyz to set up a chat with our team!
To implement Optimistic Governance, combine battle-tested governance contracts:
One Council NFT contract that determines membership in the Optimistic Council.
One ERC20 contract that determines voting power for vetoes.
Two Governor contracts, the Optimistic Governor and the Veto Governor.
One Timelock contract that holds the DAO assets and/or protocol.
Both Governors implement "Super Quorum." Once a majority votes in favor, the voting ends. The Governor can send the proposal or veto to the timelock immediately
The Optimistic Governor has PROPOSER_ROLE role on the Timelock
The Veto Governor hasCANCELLER_ROLE role on the Timelock. The veto Governor's voting period must be shorter than the timelock delay, so that it can cancel proposals in time
Tally's frontend will need to connect the Veto Governor to the Optimistic Governor, so let us know at biz@tally.xyz if you are interested in an Optimistic setup.
