Emergency situations are a common occurrence, and the 1inch DAO recognizes this reality. In response, the DAO has passed a proposal, with unanimous support from all 224 voters, to introduce the Fast Track Proposal. This initiative aims to expedite the resolution process by reducing the time required to pass a proposal from 8 days to 3 days.

While this progress is commendable, the 1inch DAO may seek further reductions in the time taken to pass proposals. Titled 1IP-20: 1Inch Fast Track Proposal, the proposal completed its voting phase over the weekend, paving the way for the implementation of a 24-hour governance thread discussion and a 48-hour snapshot vote.

The Fast Track Proposal empowers the DAO to take immediate action without adhering to its standard governance process, which typically takes at least 18 days, including governance thread discussion and snapshot.

It's common for DAOs to experience delays, sometimes lasting weeks or even months, in reaching resolutions. Given this, the initiative by 1inch DAO is highly valued, with only emergencies necessitating urgent intervention falling under the Fast Track Proposal.

Initially, only select matters are deemed emergencies within the 1inch DAO, including changes to the DAO's governance process, deploying 1inch on new networks, and any changes involving a 1inch resolver, as outlined in 1IP-20: 1Inch Fast Track Proposal.

Users seeking expedited handling of their issues can indicate [Fast Track] in the title of their proposals. Additionally, access to the Fast Track feature is restricted to addresses listed on the whitelist, a measure introduced to prevent misuse of the new process.

To gain whitelist status in the 1inch DAO, an address must be invited by another whitelisted address and subsequently undergo the governance and voting processes.

The implementation of the Fast Track Proposal aims to establish an alternative streamlined governance process tailored for emergencies.

The unanimous support for the proposal is remarkable, reflecting the DAO's need to swiftly adapt to the evolving landscape of the industry. While the emergencies listed by 1inch DAO may initially seem limited, they are subject to expansion as the proposal progresses, with the involvement of whitelisted addresses likely to persist in the long term.