BNB Chain Launches Enhanced Governance Process to Boost Network Efficiency and Transparency
Publication Time:2024-07-30 19:06:05
In an effort to bolster network efficiency, transparency, and community engagement, BNB Chain underwent significant upgrades following BC Fusion, introducing a new governance process. This process comprises a two-step proposal system: a temperature check to gather initial community feedback, followed by formal proposal voting on the Tally platform. Through this method, BNB holders and stakers can more deeply participate in the decision-making process, ensuring that governance is both transparent and adaptable. This upgrade aligns with BNB Chain's vision of supporting startups and developers in achieving business success and leading the adoption of the next billion Web3 users.
BNB Chain
Transparency
Community Engagement
Governance Process
Network Efficiency