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XRP Ledger Set For Governance Overhaul: DAO Confirmed

  • The XRP Ledger (XRPL) is set for a major governance overhaul with the confirmation of a Decentralized Autonomous Organization (DAO).
  • Collaborative efforts between XRPL Labs, XRPL Commons, Ripple, and Wave of Innovation have paved the way for this transformation.
  • The new DAO structure will decentralize decision-making processes and enhance community participation.
  • The DAO will have a fully independent board of directors, specialized committees, and aims to recognize and formalize the contributions of community members.

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