Definition ∞ A governance emergency in a decentralized autonomous organization refers to a critical situation requiring immediate and expedited decision-making outside standard proposal timelines. This typically occurs in response to severe security exploits, protocol malfunctions, or unforeseen market events that threaten the integrity of the system. Such emergencies necessitate rapid action to prevent significant financial loss or operational failure.
Context ∞ The handling of governance emergencies is a crucial aspect of decentralized protocol design, balancing swift action with decentralized principles. Debates persist regarding the appropriate level of centralized control during such critical periods. Future governance models aim to establish predefined, transparent emergency procedures that minimize potential abuse while enabling effective crisis response.
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