- The Radix community has formally defined which assets constitute valid voting power for future governance snapshots.
- Staked XRD, liquid XRD, and XRD in supported DEX pools will be included, while time-locked and lent XRD will be excluded.
- The decision was reached through a consultation with over 1.4 billion XRD participating from 743 accounts.
- A clear 60% acceptance threshold was set for including asset types in the new governance standard.
The Radix community has decisively concluded a major governance consultation, clearly defining the assets that represent valid voting power for all future snapshots. This crucial step establishes transparency as the network transitions to a community-led governance model, eliminating any ambiguity about who has a voice.
With over 1.4 billion XRD participating from 743 accounts, the community drew a definitive line based on a 60% acceptance threshold. Consequently, four asset types met the criteria for inclusion, with staked XRD on the top 100 validators receiving 79% support.
Meanwhile, staked XRD on any validator and liquid XRD held in accounts each secured 69% support. Furthermore, XRD in supported DEX pools barely met the threshold with 60% backing, as outlined in the original consultation.
However, the community voted to exclude two other proposed asset types. Time-locked XRD received only 44% support, while lent XRD garnered a mere 28%.
Consequently, the new governance standard will calculate voting weight based on the aggregate sum of staked XRD, liquid XRD, and XRD in supported DEX pools. The team will update the community when necessary changes are made to the consultations.radixdlt.com platform to reflect this standard.
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