Barnard Governance Proposal Voting

The Barnard Proposal, live on MultiversX’s Agora platform, introduces Governance V2, new endpoints, faster system-wide reads/writes, and improved smart contract composability. Voting runs from June 9 to June 19, requiring 500 EGLD to propose and voting power tied to staked/liquid-staked EGLD tokens [MultiversX Blog, June 4, 2025]. This upgrade preps the network for Supernova, a major milestone aiming for sub-second finality and enhanced scalability. It’s a big step toward full decentralization, empowering the community to shape the protocol’s future.  

Recent News

MultiversX has been on a roll! In May 2025, they rolled out the Andromeda Upgrade (v1.9.6), a leap toward faster finality [MultiversX Releases]. The project also saw a 1000x throughput goal highlighted by CoinGecko, positioning it as a metaverse frontier leader [CoinGecko, June 2025]. These developments show MultiversX’s focus on performance and adoption.  

Future Plans

Post-Barnard, the Supernova upgrade will bring parallelized consensus and transaction execution, slashing bandwidth needs and boosting scalability [MultiversX Blog, May 26, 2025]. This sets the stage for broader adoption, especially in DeFi and metaverse applications, with plans to handle aggressive user waves seamlessly.  

Onchain Data

As of June 2025, MultiversX’s EGLD trading volume hit $13.36M in 24 hours, down 4% from the prior day, signaling a slight dip in market activity [CoinGecko]. Staking metrics weren’t directly available, but the network’s Secure Proof of Stake (SPoS) rewards delegators weekly with 5,000 eGold, proportional to staked amounts [CoinGecko].  

Community Sentiment

X is buzzing with optimism! Users like @AndrewDTBR see Barnard as a gateway to Supernova, while @BoberCTO calls it “fast and furious” [X, June 4, 2025]. The playful “Who’s Barnard?” dog meme shared by MultiversX adds a lighthearted vibe to the discussion.  

Why It Matters

This proposal could redefine how MultiversX scales and governs, potentially attracting more developers and users. However, governance votes can spark volatility—keep an eye on EGLD price swings during the voting period.