XRP Ledger’s XAO DAO plans wallet delegation, quorum changes, and mini-grants

2 min read
XRP Ledger’s XAO DAO plans wallet delegation, quorum changes, and mini-grants
PrimeXBT Editorial Team
Reviewed by PrimeXBT

Topics in article

XRP

XAO DAO plans to roll out governance changes on the XRP Ledger over the next two to three months, including wallet delegation, revised quorum rules, and community mini-grants. Co-founder Fabio Marzella says the goal is to make participation easier and more representative at a time when several XRPL projects have scaled back or shut down.

XAO DAO is preparing a series of governance changes for the XRP Ledger over the next two to three months, according to Fabio Marzella, the organization's co-founder. The planned changes would let members delegate voting power, adjust quorum rules, and access community mini-grants.

Marzella said the first change would introduce wallet delegation, letting members hand their voting power to others when they lack the time or expertise to vote on individual proposals. The DAO is aiming to make participation easier and more representative, at a moment when several XRPL projects have already scaled back or shut down.

Marzella's group is also reviewing its quorum requirements, including how inactive wallets count toward proposal thresholds. The stated aim is to prevent inactive participation from blocking decisions while keeping governance tied to the active community. Community mini grants are another planned addition, letting members submit smaller initiatives and seek funding for projects that contribute to the XRPL ecosystem.

According to Marzella, "These aren't changes for the sake of change," and the broader goal is to create a DAO where the community has the ability to act rather than simply having a vote.

The timing comes as questions around developer support have grown within the XRPL community. On August 13, Marzella said the shutdown of Gen3's retail platforms showed that funding developers alone does not solve the problem of building lasting businesses.

Source: CryptoPotato

Trading involves risk.

Most traded markets

XAU / USD
-0.9% 4,127.61
BRENT
+1.35% 73.620
BTC / USD
+0.7% 63,151.2
EUR / USD
-0.12% 1.14269
USTEC
-0.91% 29,428.7
XAU / USD.24
-0.9% 4,127.61
View all markets

Author

PrimeXBT
Our Editorial Team consists of leading experts with a proven record in the fields of trading, cryptocurrencies, blockchain and finance. We thoroughly research the sources of information in order to provide readers with quality content that serves edu...
Read author’s articles
Alert Triangle Risk Disclaimer
Disclaimer: Some past publications may be outdated. We recommend following our news to stay up to date with the latest information. For any questions, feel free to contact our support team via the chat below.
The content provided here is for informational purposes only. It is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results.
The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.

Today in markets

Browse Crypto News

Register Now

Trading involves risk

Get started in minutes

Our clients love how fast and simple our sign-up is. It takes just a few minutes to get started!

Get Started Get Started
Get started in minutes

Need Help?

Risk Warning:
Trading in leveraged products carries a high level of risk and may not be suitable for all investors.