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BNB Chain announces enhanced governance process

BNB Chain announces enhanced governance process

CointimeCointime2024/07/30 12:27
By:Cointime

BNB Chain announced a significant upgrade to its governance process to enhance network efficiency, transparency, and community participation following the BC Fusion. These upgrades include a new two-step proposal process: first, conducting a temperature check to gather initial community feedback, and then conducting 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 to support startups and developers in achieving business success and entering mainstream applications, while also fulfilling its mission to lead the next billion Web3 users.

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