According to TechFlow, the Cyber ​​team has initiated an important governance proposal to approve the CyberDAO work charter and set up a 3-day time lock. The proposal voting has begun and will end on August 25.

The main contents include the formal establishment of CyberDAO, confirmation of the Cyber ​​Foundation as the initial management organization, and the start of the governance decentralization process. The proposal needs 30% of the quorum and 67% approval rate to pass. Only users who stake CYBER tokens can participate in governance activities.