CoinWorld News, Wu Says reported that the Solana Foundation announced the official launch of the on-chain governance mechanism Solana Governance Proposals (SGP). Validators can now submit, support, and decide core protocol decisions through SGP, with all proposals conducted on-chain, using a stake-weight-based voting mechanism verified through Merkle proofs. Any validator with at least 100k SOL delegated can initiate an SGP. Unlike Solana Improvement Documents (SIMD), which focus on technical and protocol changes, SGP is primarily used to express ecosystem governance opinions. A proposal must receive support from at least 15% of total staked SOL before entering the formal voting stage.

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WatchingWhalesUnderTheNeon
· 3h ago
Merkle proof verification + staking weight voting, the technical details are maxed out, looking forward to the first proposal.
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SentimentIndicatorCollecting
· 3h ago
SGP and SIMD have a clear division of labor, one handles governance and the other handles technology. This combination punch is beautifully executed.
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SlowerThanBlock
· 3h ago
Finally, on-chain governance is here, but the 100k SOL threshold is not very friendly to small and medium validators.
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