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REI  NetworkREI Networkby0xAdfe2F50E861502A3a7dA677B3652bd25a944eE00xAdfe…4eE0

#REI DAO #5 Proposal # "Better POS" Hard Fork: Greatly Improved EVM Performance and Optimized On-chain Mechanism

Voting ended about 3 years agoSucceeded

Proposal background

REI Network will usher in another major upgrade. The new version will make great progress in terms of EVM performance improvement and mechanism innovation. We call this hard fork upgrade - "Better POS".

From the perspective of performance, "Better POS" will greatly improve the performance of REI Network, and the overall performance will increase by 5 times after this hard fork upgrade, which means that there will be huge room for growth as well as breakthrough evolutions in terms of ecosystem carrying capacity, protocol diversity, and composability between protocols.

From the perspective of mechanism, this hard fork upgrade will mainly address the following issues and propose a mechanism solution:

1.Jail Mechanism: for potential security issues due to unstable node status
2.Optimization of network protection mode threshold: aiming at the distribution of network rewards
3.Overall EVM performance improvements for REI Network
4.Introduce support for the snapshot function

Specific target

Improve the overall rewards of nodes & stakers on REI Network, thereby increasing the enthusiasm of community users to stake and encouraging more active users to participate in the on-chain behavior. Increase the staking rate, and then improve the stability and security of the chain. Prepare for the overall activity and the ecosystem expansion of the chain

Off-Chain Vote

Yes, I support the proposal
47.22M REI100%
No, I don't support the proposal
0 REI0%
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0 REI0%
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Discussion

REI  Network#REI DAO #5 Proposal # "Better POS" Hard Fork: Greatly Improved EVM Performance and Optimized On-chain Mechanism

Timeline

Nov 25, 2022Proposal created
Nov 25, 2022Proposal vote started
Nov 30, 2022Proposal vote ended
Oct 26, 2023Proposal updated