Blast launches governance system and launches first proposal to enable points for BLAST holders
Odaily2024/06/29 00:16
By:Odaily
Odaily News Blast announced the launch of Blast governance on X and initiated the first proposal of the Progress Committee to enable points for BLAST holders. Blast governance aims to adjust incentives and provide the BLAST community with influence on the ecosystem. It enables the community to actively contribute to the development of the Blast ecosystem, allowing BLAST holders to propose, debate and vote on protocol upgrades, the composition of USDB support, ETH liquidity staking providers, fees and other factors. Blast governance is designed as a system of checks and balances that provides governance rights to BLAST holders while achieving rapid progress, with decisions made at a higher level by the Token Committee and the Progress Committee. Any committee can initiate a proposal, while the other committee can veto it. The Progress Committee aims to achieve rapid development, and the Token Committee has the ability to veto proposals and vote to remove members of the Progress Committee, which gives BLAST holders ultimate control over the system. The Progress Committee has submitted its first proposal to the Blast Foundation, which is related to the Blast Points Program. If approved, the proposal will allow BLAST holders to earn points on the mainnet and is now available for viewing and discussion on the Blast Foundation forum. The official calls on all BLAST community members to participate in the discussion and hopes that this is the first of many proposals to support the development of Blast: The Fullstack Chain.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!
You may also like
Sandbox’s Bullish Breakout: Could This Be the Start of a 200% Price Jump?
Cryptonewsland•2024/09/21 17:00
Charles Hoskinson Raises Concerns Over Trump and Harris’ Crypto Policies
Cryptonewsland•2024/09/21 17:00
VET’s Wave 3 Surge: Could It Be the Game-Changer to $2?
Cryptonewsland•2024/09/21 17:00
Turkey Implements New Regulations for Cryptocurrency Investor Protection
Cryptodnes•2024/09/21 16:05
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$63,338.56
+0.95%
Ethereum
ETH
$2,571.42
+1.38%
Tether USDt
USDT
$1
+0.00%
BNB
BNB
$585.3
+3.35%
Solana
SOL
$148.47
+1.27%
USDC
USDC
$1
+0.01%
XRP
XRP
$0.6055
+4.86%
Dogecoin
DOGE
$0.1089
+4.44%
TRON
TRX
$0.1525
+0.50%
Cardano
ADA
$0.3583
+1.89%
Bitget pre-market
Buy or sell coins before they are listed, including HMSTR, SCR, OGC, EIGEN, and more.
Trade now
Not a Bitgetter yet?Sign up now to embark on a journey into the crypto world!
Sign up now