Support for on-chain Governance development

Goal of the vote

0x Labs would like to gather signal from the community on whether or not there is support for on-chain governance as proposed in ZEIP-95.

Scope

The forum discussion on this topic can be found at https://gov.0x.org/t/zeip-95-migrating-0x-protocol-to-on-chain-governance-process/3513

As described in the forum discussion, there would be a three-step process to the full transition to a new governance mechanism:

1. Deployment of the new governance smart contracts for initial calibration and testing
2. Migration period: ZRX holders can start registering to the new system
3. Vote to switch governance systems: 0x is fully controlled by new smart contracts

This snapshot vote will only give signal on the community’s sentiment with step 1.

If sentiment is favorable, 0x Labs will continue to develop and deploy the system of smart contracts that define a new governance mechanism — the technical implementation can be found open sourced here.

A subsequent vote (ZEIP-95) will be required to officially switch ownership of the exchangeProxy contract to a new governance mechanism, completing the transition.

Do you support the continued development and deployment of the proposed technical implementation for an on-chain governance system?