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BTC $75,770.53 -1.99%
ETH $2,361.05 -2.82%
BNB $633.47 -1.12%
XRP $1.43 -2.88%
SOL $86.69 -3.19%
TRX $0.3299 +1.06%
DOGE $0.0954 -4.84%
ADA $0.2494 -5.11%
BCH $445.93 -2.00%
LINK $9.36 -3.45%
HYPE $44.23 -0.03%
AAVE $111.80 -4.83%
SUI $0.9611 -5.19%
XLM $0.1691 -2.66%
ZEC $324.95 -2.04%

BNB Chain announces enhanced governance process

2024-07-30 19:15:25
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ChainCatcher news, BNB Chain announced a significant upgrade to its governance process after BC Fusion to enhance network efficiency, transparency, and community participation. These upgrades include a new two-step proposal process: first, a temperature check to gather preliminary community opinions, followed by a formal proposal vote on the Tally platform. This improved approach ensures that BNB holders and stakers can actively participate in decision-making, promoting transparent and flexible governance.

This upgrade aligns with BNB Chain's vision of supporting startups and developers in achieving business success and entering mainstream applications, while also fulfilling its mission to guide the next billion Web3 users.

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