Conditional cashflows
Payment of operational cash flows subject to meeting certain conditions
Optimistic Approval can be used to streamline current token DAO governance processes by allowing token holders to delegate certain governing powers to a given governing body, who can directly make governing decisions, but subject to veto powers by a guardian. This guardian could be certain community members or, more generally, token holders themselves. The effect is that token DAO participants may not need to participate in day-to-day governance and only need to be available to veto malicious proposals during the timelock period.
Last modified 1yr ago