Composable & Picasso: Governance Roadmap

Picasso
4 min readAug 26, 2023

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Our technology and infrastructure are designed to enable the next generation of interoperability while maintaining a transparent and decentralized approach. To reflect these core values, we recognize that our governance structure needs to be enhanced as we grow and evolve. Consequently, we are pleased to announce our transition to OpenGov, a two-phase process that will empower our community and foster a more democratic ecosystem.

🎨 Picasso’s Transition to OpenGov 🎨

Since the launch of Picasso, our Kusama parachain, public democracy has been live, with Sudo operations handled by the Picasso Council. We are now taking a significant step forward by removing Sudo and implementing OpenGov. *read more about Polkadot’s OpenGov: here.*

The new OpenGov structure for Picasso will be implemented in two phases 👇

Phase 1: Implement OpenGov with governance handled by two collectives: The Picasso Council and the Technical Committee. *the docs for our council members will be updated in the coming weeks*

  • Our purpose during this phase is to lay the foundation for a more transparent and community-driven governance model while maintaining the speed and efficiency demonstrated by our recent launches and connections, especially in preparation for our upcoming connection to Ethereum.

Phase 2: Release OpenGov to public PICA holders.

  • The second phase will be implemented after the launch of our Ethereum <> IBC connection which will be released in Q4 2023. Through OpenGov, the Picasso parachain will undergo a new era of decentralization, allowing PICA holders to actively participate in governance and a new structure of collectives.

🟣 Composable’s Transition to OpenGov 🟣

Note: the Composable parachain is currently live but the LAYR token has not yet TGEd.

The current structure of the Composable chain governance sees the Composable Council deciding on Sudo activity.

Similarly to our plans for Picasso, we are pleased to announce our transition to OpenGov in a two-phase process. 👇

Phase 1: Implement OpenGov with governance handled by the Composable Council.

  • Similar to Picasso, our purpose during this phase is to lay the foundation for a more transparent and community-driven governance model while being able to continue building and innovating with the power of the Composable parachain pre-TGE.

Phase 2: Release OpenGov to LAYR holders

  • The second phase will be implemented after LAYR TGE, allowing LAYR holders to actively participate in Composable’s governance.

Council Members

Our governance structure is composed of dedicated members, both inside and outside of the organizations, who are committed to the success and growth of Composable and Picasso.

The members of the Picasso Council can be found on our docs 👇

The members of the Composable Council can be found on our docs 👇

*the docs for our council members will be updated in the coming weeks*

Tracks and Origins (PHASE 1)

In our pursuit of a more democratic and transparent governance model, during Phase 1, Council members and the Technical Committee will be able to vote via a GOV NFT, three tracks, and four origins:

GOV voting token:

On both Picasso and Composable, we will create a GOV token that will have no monetary value and will function similarly to an NFT. This token will be spread to the Picasso & Composable Council members and the Technical Committees, which will play a role similar to the current council. The name of this group is symbolic, representing a united community working towards common goals.

The OpenGov structure during Phase 1 will consist of two initial tracks:

  1. Root
  2. Whitelisted Caller (Fast Track)

Two additional tracks are also planned to be added during Phase 1:

  1. General Admin
  2. Treasury

Our governance model during Phase 1 will introduce four separate roles, each serving a unique purpose:

  1. Proposal Creation: Enabling the ability to create proposals, fostering innovation and community-driven development.
  2. Voting: Allowing GOV holders to vote on proposals, ensuring that decisions reflect the collective will of the community.
  3. Canceling Proposals/Slashing: Implementing mechanisms to cancel proposals and penalize those who voted maliciously..
  4. Expedition: Introducing measures to speed up the voting process when needed, ensuring timely decision-making without compromising on democratic principles.

These tracks and origins are designed to ensure a balanced and fair approach, aligning with our commitment to transparency, decentralization, and community engagement.

Closing thoughts on the transition to OpenGov

Governance in the blockchain space is complex, and transitioning to a fully OpenGov model straight away can be challenging, especially during critical times in our active development and release phase.

The Composable team wants to thank our community for the feedback we have received on proposal #128, which we recently published on the Polkadot treasury to ‘Allocate a $1M DOT Loan for Use Amongst Cross-Ecosystem DeFi within the Cosmos Ecosystem.’

Based on this feedback, our decision to remove Sudo and implement OpenGov is now being pushed forward and executed in two phases. This phased approach allows us to carefully manage the transition, ensuring stability and alignment with our community’s needs and expectations.

Our transition to OpenGov is a testament to our commitment to decentralization and transparency. We believe that this new governance model will not only make our operations more transparent but also engage our community in a way that resonates with everyday users, developers and supporters.

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