[Solana Launches On-Chain Governance Mechanism, Proposals Require 15% Stake Support to Enter Voting] BlockBeats News, July 2 — The Solana Foundation announced the official launch of the on-chain governance mechanism, Solana Governance Proposals (SGP). Validators can now use SGP to submit, support, and decide on core protocol decisions. All proposals are conducted on-chain, utilizing a stake-weighted voting mechanism and verified through Merkle proofs. Any validator with at least 100,000 SOL delegated can initiate an SGP. Unlike Solana Improvement Documents (SIMD), which focus on technical and protocol changes, SGP is primarily used to express ecosystem governance opinions. Proposals must receive at least 15% of total network stake support before entering the formal voting stage. [Original Link]