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Our first upgrade using the new Tellor Improvement Proposal token governance method is in the books. We are happy to report that TIP-2, the proposal for V2.5 has passed and is now live on mainnet.

Here are the voting metrics:

  • 55 unique address voted
  • 18% (of the Total TRB supply) voted in support

As a community we should be damn proud of this. Turn out for token governance, even on much larger protocols, are typically very low. Not only did we achieve the required 10% quorum, but we had enough votes without even counting Tellor Core’s dev-share Tributes! Just another testament to the Tellor community’s alignment in creating a fully decentralized and censorship-resistant protocol.

Great job everyone, we did it…TOGETHER!