Solana launched on-chain governance system, requires 100,000 SOL stake to propose changes
Solana has officially rolled out its on-chain governance system, allowing network decisions to be made and recorded transparently on the blockchain. The new framework, known as Solana Governance Proposals (SGP), gives both validators and token holders voting rights proportional to their staked SOL. This move aims to enhance transparency and stakeholder engagement in guiding the network’s direction.