Decentralized layer 3 infrastructure project Orbs has introduced OIP-9, its first formal community governance proposal, seeking approval to establish the Orbs DAO and create the project’s initial decentralized governance framework.
The proposal would enable holders of staked ORBS tokens to participate in Snapshot voting on selected protocol decisions, with the implementation handled through DAO-controlled multisig wallets. Initial governance responsibilities would include oversight of Proof-of-Stake infrastructure, Guardian management, protocol upgrades and new network-level deployments.
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According to Orbs, the framework is designed to support progressive decentralization by gradually expanding the DAO’s authority as the community gains governance experience. Areas such as treasury management, protocol revenue and tokenomics could be transferred to the DAO in future proposals.
If adopted, the proposal would also provide the governance foundation for Orbs’ upcoming Season 1 tokenomics proposal while preserving an emergency mechanism that requires subsequent community approval.
Built on a decentralized Proof-of-Stake network, Orbs extends the capabilities of existing layer 1 and layer 2 ecosystems by enabling more complex smart contract logic and advanced trading functions. Its infrastructure powers a suite of DeFi protocols, including dLIMIT for on-chain limit orders, dTWAP for time-based orders, Liquidity Hub for optimized liquidity access, and Perpetual Hub for decentralized derivatives trading.