On January 14th, according to an announcement by the Eigen Foundation, the Protocol Council has officially launched and the Foundation has completed the final locked transaction to transfer control to the council. The Protocol Council is the core decision-making body for EigenLayer governance, responsible for reviewing and approving EigenLayer Improvement Proposals (ELIPs) to ensure all protocol upgrades meet security requirements and support the sustainable development of the ecosystem. Council members are composed of diverse representatives from the Eigen ecosystem, aiming to promote decentralized governance of the protocol.
