How Optimism’s draft manual silently strips tokenholder elections

The Optimism Foundation wants its elected Security Council Lead to nominate the body's members, replacing cohort elections with a system in which candidates take their seats unless tokenholders assemble enough OP voting power to veto them. The Oct. 22 ratification proposal would give the elected Council Lead responsibility for recruiting, interviewing, and nominating the participants who carry out protocol upgrades and respond to security emergencies. The Token House, Optimism's tokenholder governance body, would keep the right to veto each nominee and remove the Lead.