Solana launches protocol governance framework
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- The Solana Foundation introduced a governance framework that lets eligible validators submit and vote on protocol-level proposals.
- The system requires proposals to gain backing from validators representing at least 15% of staked SOL before an onchain vote.
- The Foundation said the framework is designed to separate community governance from technical protocol upgrades.
The Solana Foundation launched the Solana Governance Proposals framework, allowing validators with at least 100,000 delegated Solana (CRYPTO:SOL) to submit protocol-level governance proposals and vote onchain.
The framework introduces a formal governance process that separates community decisions from technical protocol upgrades, with proposals requiring endorsements from validators representing at least 15% of actively staked SOL before proceeding to an onchain vote.
The Foundation said voting power will be based on delegated SOL stake, while delegators who disagree with their validator's vote can override it by casting their own vote on a proposal, and technical protocol changes will continue to be handled through Solana Improvement Documents.
The Solana Foundation said the governance framework is intended to provide a transparent process for protocol-level decision-making, and following the announcement the Solana price was unchanged at the time of writing.
The launch follows the Foundation's April introduction of the Solana Trust, Resilience and Infrastructure for DeFi Enterprises (STRIDE) security framework, developed with Asymmetric Research to improve security monitoring and incident response across Solana-based projects.
According to DefiLlama, Solana is the second-largest blockchain by total value locked with approximately US$4.92 billion, behind Ethereum at US$37.3 billion, while the network generated more than US$587,000 in blockchain fees during the previous 24 hours.
At the time of reporting, Solana price was $80.50.
