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Bitcoin Asset Protocol BRC-20 Enhances Governance with New Maintainers
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The developer of the BRC-20 token standard, known as Domo, revealed a shift in the token’s governance on Monday. The creator’s non-profit, the Layer 1 Foundation (L1F), will now oversee the protocol’s token management.
Domo announced that L1F will collaborate with UniSat and Best in Slot, key Bitcoin infrastructure providers, to serve as BRC-20’s lead maintainers.
Overheard@isabelfoxenduke :
“Layer 1 foundation will explore decentralized governance structure for BRC 20 tokens”
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