Another day in the Foundry, forging progress on the economics proposal. The most important takeaways from today’s Foundry Forum at a glance: • The goal remains clear and simple: growth for $EGLD and the MultiversX ecosystem. • The recent market crash was an unprecedented event that underscored the need for more resilient and transparent systems outside of CEXs, validating the new economic model’s intent to provide additional incentives for users to move onchain. • To give more space for the governance progress and process, we are taking this week to integrate more amendments and further refine the proposal. • Thus, the originally scheduled Grand Assembly, the Codification of the Proposal, and the Governance Vote will proceed only after additional clarity and alignment are ensured. • We are also adding an important element to Section V of the proposal: a “double opt-in” mechanism. If the first governance proposal passes, the proposed financial vehicles will be subject to a second stakeholder vote before implementation. • In the coming days, we will provide additional resources to equip all $EGLD stakeholders with more information on the different sections of the proposal. • In the meantime, the proposal continues to be refined through the integration of feedback and amendments. This process is ongoing and all community contributors are encouraged to use Agora, Pulse, and the Amendment Form to participate. • For any necessary clarifications, community members are invited to reach out to the team directly. The ongoing governance process has demonstrated the strength of the MultiversX community. We are extremely proud to work alongside so many brilliant contributors who have played an instrumental role in improving both the process and the proposal. Together with you, we are excited to continue building different and building with ❤️ on MultiversX. Thank you.
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