HashKey Chain officially launched veHSK, entering a new phase of user-driven governance.

According to Deep Tide TechFlow news, on July 10, HashKey Chain announced the launch of the veHSK (vote-escrowed HSK) governance mechanism on its Mainnet, marking a significant leap in its community governance. veHSK is a non-transferable governance certificate obtained by staking HSK, allowing users to participate in on-chain governance voting based on veHSK and enjoy ecological rights such as priority participation in projects and profit distribution proposals.

The newly launched veHSK introduces a dual-track governance system, consisting of daily governance that does not require the consumption of veHSK and significant governance that requires the consumption of a portion of veHSK, in order to ensure a balance between governance activity and decision-making rigor. In the future, veHSK will be more widely used in key decision-making scenarios such as Grants distribution, ecological asset management, and RWA parameters, promoting the deep integration of governance and incentives.

HashKey Chain states that veHSK serves as a link between long-term value participants and the on-chain governance structure, laying a solid foundation for building an on-chain financial ecosystem centered around real users and sustainable development.

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