Helium Network HIP 143 Vote Deadline
APR
04
Event date
Friday 04 April 2025, UTC
Event description
- Helium Vote hosts a governance proposal on heliumvote.com for the Helium Network, where HNT token holders can vote on network-wide changes using veHNT, the voting token derived from locking HNT.
- The proposal, identified as 4EemLuZhTgtv6SFNogMByCTEx4DFtBKc32qEhDKL9iaZ focuses on adjusting HNT emissions, network fees, or governance rules, aiming to balance incentives for miners and stakeholders, a common topic in Helium Improvement Proposals (HIPs) like HIP 20, which introduced halvenings and a max supply for HNT.
- Helium’s migration to Solana on April 18, 2023, enables these on-chain votes, ensuring transparency, with veHNT empowering decisions that impact the entire network, including its IoT and Mobile subnetworks, as part of the community-driven governance process outlined in HIP 7.
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