🎉 IIP-59 Approved: The proposal for Protocol-Native Voter Reward Distribution has successfully passed!
What this means for $IOTX holders:
• 100% On-Chain: Voter rewards transition from off-chain servers (Hermes) straight into protocol consensus.
• Zero Middleman Fees: No external service fees, maximizing payout returns for voters.
• Fully Automated & Secure: Deterministic calculations enforced by block validation - no centralized keys or server dependencies.
Thank you to everyone who voted to elevate IoTeX’s decentralization! 🚀
More details: https://hub.iotex.io/governance/iip-59-protocol-native-voter-reward-distribution
What this means for $IOTX holders:
• 100% On-Chain: Voter rewards transition from off-chain servers (Hermes) straight into protocol consensus.
• Zero Middleman Fees: No external service fees, maximizing payout returns for voters.
• Fully Automated & Secure: Deterministic calculations enforced by block validation - no centralized keys or server dependencies.
Thank you to everyone who voted to elevate IoTeX’s decentralization! 🚀
More details: https://hub.iotex.io/governance/iip-59-protocol-native-voter-reward-distribution