XAODAO Is Going Live — Get Ready for a New Era of XRPL Governance
The post XAODAO Is Going Live — Get Ready for a New Era of XRPL Governance appeared on BitcoinEthereumNews.com.
The much-anticipated XAODAO initiative is expected to encourage a decentralized decision-making process and enhance innovation on the XRPL. XAODAO is reportedly based on three key principles: decentralization, blockchain technology, and member participation. Ripple has unveiled the launch of a decentralized organization, XAODAO, to usher in a new era of innovation on the XRP Ledger (XRPL). According to the post shared by its official X handle, it is expected to operate as a next-generation governance engine created to empower members on the XRPL to “participate, vote, build, and fund real innovation.” Created to facilitate key decision-making processes, XAODAO is reported to thrive on three main principles: Decentralization, Blockchain Technology, and Member Participation. Per the information, this decentralized organization empowers decision-making by ensuring that the power and control are shifted from a central authority to the community. Already, the decentralized nature of the network has been confirmed by Ripple CTO David Schwartz, who indicated that XRPL has no rivalrous feature, as outlined in our recent blog post. Most importantly, XAODAO has been meticulously designed to ensure transparency, security, and reliable operations. Meanwhile, a renowned crypto influencer identified as WrathofKahneman has pointed out that the operations of the XAODAO make it more than “just another Decentralized Finance (DeFi) project.” According to him, it is a community governance DAO for the XRPL to allocate development funding. Also, his research shows that this initiative has legal accountability. As noted in our earlier post, the AMMClawback amendment was implemented in January to strengthen its regulatory compliance. However, it is currently not known whether it would use Flare, Xahau, Stellar, or even EVM. XAODAO and the XRPLF With voting and tooling expected to be seen in mid-2015, WrathofKahneman believes that XAODAO has already made a huge presence in the ecosystem as the new XRP Ledger Foundation (XRPLF)…
Filed under: News - @ June 19, 2025 3:27 pm