TechFlow reports that Starknet has announced its first on-chain governance vote will take place from September 10 to 13, Beijing time, marking a significant milestone in its decentralization journey. This vote will determine the token minting curve for staking rewards, paving the way for the initial phase of Starknet's staking mechanism.
All STRK token holders are eligible to participate in the vote but must complete voting power delegation before 12:00 PM on September 10.
The vote will be conducted through the newly launched Snapshot X governance protocol, built on Starknet and utilizing Herodotus storage proofs to ensure voting integrity. Snapshot X leverages storage proof technology to verify STRK holdings at a specified snapshot date, supports cross-chain voting, and offers gas fees under 1K per vote—50 to 100 times cheaper than Ethereum.
