SNT hodlers can now exercise their vote for the first time to help us decide on the priority of three major New Initiative Proposals (NIP):
This proposal introduces a non-custodial staking system involving multiplier points (XP). The goal is to better align community incentives, increase governance engagement, and attract users to the Status app. SNT stakers will be able to vote on development priorities and public funding allocation.
This proposal offers an opt-in feature for users to discover contacts on Status while maintaining privacy. It introduces a Contact Discovery Address (CDA) that prevents the exposure of a user’s primary chat key until mutual consent is established. This feature aims to enhance user retention by making Status chat more useful for new users.
This proposal seeks to launch Status Network, a rollup chain optimised for social apps, GameFi, and governance experiments. Integrated within the Status apps, it will provide a low-cost onchain transactions environment. We’re considering making this rollup the thinnest layer possible so that the maximum value is shared among community participants.