ME message, December 12 (UTC+8), Multicoin Capital managing partner Tushar Jain and Jito governance head Nick Almond jointly announced the proposal "The Solana Constitution" at the Solana Breakpoint conference, aimed at addressing the ambiguities currently present in Solana governance. The core of the proposal is to introduce the "Staker Override," which allows stakers to overturn the voting decisions of their delegated validators on specific proposals, thereby addressing the agency problem in representative democracy and granting ultimate sovereignty to the stakers. The proposal suggests a dual-track system: SGPs for systemic changes require a full network vote, while SIMDs for technical specifications typically only need to go through peer review. To define what constitutes a "systemic change," the proposal introduces an upgrade mechanism, where if a SIMD is contentious, only 15% of the staked weight will mark it as such, and that SIMD will be upgraded to SGP and mandated for a full network vote. Additionally, the team plans to launch a new voting app based on Jito NCN technology in the first quarter of next year, at which point SGP-1 will be the vote on approving the "Solana Constitution," and SGP-2 may involve governance changes hinted at by community member Mert. (Source: ME)



