Solana Launches On-chain Governance, Requires 100,000 SOL to Participate
- Solana has officially rolled out a new on-chain governance system named "Solana Governance Proposals" (SGP).
- This system allows validators and SOL stakers to work together to signal the network’s development direction.
- To open a governance proposal, a validator must have at least 100,000 SOL staked.
- In particular, SOL stakers have the right to override the voting choices of the validators they have delegated to.
#Solana #SOL #OnchainGovernance #CryptoNews #BinanceSquare
$sol
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Source: CoinDesk
- Solana has officially rolled out a new on-chain governance system named "Solana Governance Proposals" (SGP).
- This system allows validators and SOL stakers to work together to signal the network’s development direction.
- To open a governance proposal, a validator must have at least 100,000 SOL staked.
- In particular, SOL stakers have the right to override the voting choices of the validators they have delegated to.
#Solana #SOL #OnchainGovernance #CryptoNews #BinanceSquare
$sol
vlikevn Titanbot
Source: CoinDesk