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Boston, Massachusetts, 14th January, 2022, Chainwire
Feature Will Invite More Widespread Community Participation In Key Network Decisions
Substrate-based DeFi privacy protocol, Manta Network, has launched the community governance feature for its Kusama-based network Calamari Network. Earlier this year, the Manta team had activated the necessary features for on-chain governance on Calamari through a runtime upgrade.
Currently, the implementation of the core community governance feature is in live, with many additional features in the pipeline. As a rapidly expanding ecosystem, the launch of the governance feature on Calamari marks a significant milestone for the Manta team. Recently, Runtime Upgrade 3.1.1, which upgraded the codebase for Calamari Network, went live on January 7, 2021, based on community governance, marking a new chapter in decentralization for the relay chain.
Following the upgrade, the Manta Network core development will no longer be able to implement or remove any features without community consent. Each proposed change on the Calamari Network will now be driven by the community, which will be divided into three phases: the launch period, the voting period, and the enactment period.
Furthermore, the community will now consist of three distinct groups, all of which will be part of governance. A group of three individuals from the Manta Core Development Team, called “The Council”, will select and submit proposals for community voting.
Anyone who holds the native Calamari (KMA) token will be considered “Public Token Holders.” Holders can use their stake to support proposals that are trying to become referendums and vote on
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