Axie Infinity stated that leaving treasury funds in the hands of the community at this time could be detrimental to the project, so it issued a governance decentralization path: In the first phase, the Sky Mavis team managed product development and made key product decisions based on community feedback and input. When the project's operational data meets the metrics, it enters the second phase. In the second phase, Sky Mavis will decide on certain key decisions through community governance, manage the eco-fund in part through the community, and make proposals related to the use of the community treasury. In the final phase, Axie Infinity will complete the deployment of the eco-fund, open the community treasury proposal to the community and potentially draft an Axie constitution.
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