The Graph Council was introduced in October 2020 as a part of the plans to decentralize the protocol. The members of The Graph Council were inaugurated in December 2020. The Graph Council governs the decentralized Graph Network. A 6-of-10 multisig balances the interests of five different stakeholder groups in the ecosystem: Indexers, token holders, initial team, users and technical domain experts.
The mandate of The Graph Council includes the following core functions:
- The Graph Foundation Operations
- Grants and Ecosystem Funding
- Protocol Upgrades
- Protocol Parameterization
- Emergency Protocol Operations
In the future, it is planned to further decentralize The Graph's governance, for instance by replacing individual members with nested multisigs or DAOs.
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