Multicoin, in partnership with Jito, released the "Solana Constitution" proposal, which aims to introduce stakers' rewriting rights and begin the firs...
TL;DR
Multicoin and Jito propose the 'Solana Constitution' to clarify governance, introducing 'Staker Override' for stakers to override validator votes and a two-track system for proposals. A new voting app is planned for next year, with initial votes on the constitution and potential governance changes.
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According to Foresight News , Tushar Jain, Managing Partner of Multicoin Capital, and Nick Almond, Head of Jito Governance, jointly released "The Solana Constitution" at the Solana Breakpoint conference, aiming to address the ambiguities currently existing in Solana governance. The core of this proposal is the introduction of "Staker Override," which allows stakers to overturn the voting decisions of their delegated validators on specific proposals, thereby resolving the proxy problem in representative democracy and granting stakers ultimate sovereignty.
The proposal suggests a two-track system: SGPs (Systemic Change GPs) requiring a network-wide vote, while SIMDs (Systemic Requirements GPs) typically only require peer review. To define a "systemic change," the proposal introduces an upgrade mechanism: if a SIMD is controversial, it only needs 15% of the staking weight to flag it, and it will be upgraded to an SGP, forcing a network-wide vote. Furthermore, the team plans to launch a new voting app based on Jito NCN technology in the first quarter of next year. SGP-1 will be a vote on approving the "Solana Constitution," while SGP-2 may involve governance changes hinted at by community member Mert.