Solana Governance Reaches New Participation Milestone
- SIMD-228 failed with a 61.39% approval rate, below the required 66.67%.
- SIMD-123 passed with a 74.91% “yes” vote.
- SIMD-228 saw a record-breaking 74.3% voter turnout.
- 910 individual validators participated in the vote.
- The turnout for SIMD-228 surpassed every US presidential election in the last century.
The Solana governance process achieved unprecedented engagement, with SIMD-228 and SIMD-123 drawing significant participation. While SIMD-228 did not pass, failing to meet the necessary approval threshold, SIMD-123 succeeded, indicating strong community involvement and setting new records for network engagement.
Source (2.6.1)https://cryptoslate.com/solana-governance-sets-new-participation-record-outpacing-past-us-presidential-elections/?rand=24433