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The Tribe has spoken: V2.5 passes and is now live!

By October 25, 2020February 7th, 2022Tellor Updates

Our first upgrade using the newĀ Tellor Improvement ProposalĀ token governance method is in the books. We are happy to report thatĀ TIP-2, the proposal for V2.5 has passedĀ 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!