Odaily News Decentralization derivation protocol Hyperliquid announced the completion of on-chain upgrades, natively integrating a delisting voting mechanism based on stake weight. The features of this mechanism include:
Automatically trigger delisting on-chain after validators reach the legal staking ratio for voting;
The first demonstration case will conduct a delisting vote on the MYRO perpetual contract at 13:00 UTC on March 29.
Hyper Foundation validators No. 2-5 will participate in the voting, while validator No. 1 will abstain.
As a fully on-chain governance experiment, this protocol does not require off-chain coordination, but the officials stated that most validators may still publicly disclose their voting intentions in advance to enhance transparency.
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