The new governance model will feature an ecosystem council as part of a three-pillar framework, Polygon’s blog post noted. The re-engineered governance also includes an improved proposal framework and a two-phase community treasury to back exciting projects. Today’s announcement follows shortly after the team disclosed its new native token POL for multichain validation. The team behind Ethereum scaling protocol Polygon shared plans for a re-engineered governance system built to bootstrap improved decentralized oversight and community control in its layer 2
