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Solana launches on-chain governance with 100,000 SOL entry fee

Created at 2 Jul · 9:10 AM2 sources↑ Market-relevant2 events
IN SHORT

The Solana Foundation has launched a framework for protocol-level governance, enabling validators with at least 100,000 delegated SOL to publish new proposals. This system allows stake-weighted votes on network direction via Solana Governance Proposals (SGPs).

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Key Numbers

100,000 SOLMinimum SOL staked for proposal initiation
15%Support threshold for active stake
2/3Supermajority required to pass proposals

Who's Involved

Solana Foundation
Launched framework for protocol-level governance
Validators
Can initiate proposals with staked SOL
Delegators
Token holders who can vote and override validator decisions
Solana launches on-chain governance with 100,000 SOL entry fee

↳ Why This Matters

This launch introduces a more decentralized and community-driven approach to decision-making for the Solana blockchain, reducing reliance on centralized coordination and empowering token holders.

Key facts

  • Solana has launched a formal on-chain governance system.
  • Validators must stake a minimum of 100,000 SOL to initiate a proposal.
  • Proposals require initial support from 15% of the active stake.
  • A two-thirds supermajority of the voting stake is needed for a proposal to pass.
  • Delegators can override their validator's vote or vote independently.

The Solana Foundation has launched a framework for protocol-level governance, enabling validators with at least 100,000 delegated SOL to publish new proposals. The Solana Governance Proposals (SGPs) establish a standard that allows validators to submit core protocol proposals and vote on-chain, with voting power based on their delegated Solana (SOL) stake. Proposals must receive endorsements from validators representing at least 15% of actively staked Solana tokens to qualify for a formal on-chain vote. A supermajority of two-thirds of the voting stake is required for a proposal to pass. Delegators who disagree with how their validator has voted can override the validator and submit their own vote on the proposal. This system separates high-level strategic decisions (SGPs) from technical implementation details handled by Solana Improvement Documents (SIMDs).

Frequently asked questions

SGPs are formal proposals for directional changes to the Solana network, initiated by validators and voted on by staked SOL holders.

It's a feature allowing delegators to override their validator's vote or vote independently, ensuring token holders have direct control over their stake's voting power.

Proposals need initial support from 15% of active stake and then must pass with a two-thirds supermajority of the voting stake.

What Happens Next

01Validators will begin submitting proposals under the new governance framework.
02Delegators will exercise their voting rights and 'staker sovereignty'.

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Cadence

How It Developed

Solana launched an on-chain governance system, allowing stake-weighted votes on network direction via Solana Governance Proposals.
The Solana Foundation launched a framework for protocol-level governance, enabling validators with at least 100,000 delegated SOL to publish new proposals.

Sources

T1
Solana launches onchain governance and sets entry fee at 100,000 SOL stakedCoinDesk
T1
Solana Foundation launches framework for protocol-level governanceThe Solana Foundation launched a framework for protocol-level governance, enabling validators with at least 100,000 delegated SOL to publish new proposals.Cointelegraph

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