As mentioned in yesterday’s Twitter Space (listen again here), a key concept to understand is that this proposal sits as part of a broader strategy to move away from a single governance structure for all HOPR decisions towards one where each part of HOPR has its own tailored processes and legal wrapper (or not, as appropriate). These would all plug into a central governance platform core, which itself is its own entity.
We’re not the only project to hit on this strategy. Several other notable projects, including Polygon, are currently diversifying their governance. And recently Gabriel Shapiro, a prominent crypto lawyer, recommended this strategy as a way to limit liabilities and achieve more dynamic governance.
You can read more about this concept here: https://delphilabs.medium.com/assimilating-the-borg-a-new-cryptolegal-framework-for-dao-adjacent-entities-569e54a43f83