PANews reported on January 15 that according to official news, Ethereum Layer2 network Taiko announced the launch of Taiko DAO, a governance model built in cooperation with Aragon Project. The core of this DAO is a governance structure with a security council with external representatives. Multi-threshold multi-signature (multisig) ensures operational flexibility while maintaining the security measures brought by community-driven decision-making. In addition, Taiko DAO introduced an optimistic governance mechanism in which proposals enter a veto period for community review. Both token holders and representatives can participate in the voting process. Proposals that do not meet the veto threshold at the end of the veto period will be executed after a delay of 7 days.