Klaytn will merge with Finschia in stages, and governance voting will begin on January 26
Korean public blockchain Klaytn released an additional explanation of the merger proposal with blockchain project Finschia launched by instant messaging application LINE. The newly established foundation will merge in stages, with the first stage of "token generation and governance" being carried out on the EVM core stack. The newly merged ecosystem and chain will promote synergies and competitiveness in four key areas, including ecosystem, token economy, core network, and governance. In addition, Klaytn will hold a joint QA session with Finschia today. The governance voting time is 13:00 on January 26th Beijing time, and the voting deadline is 13:00 on February 2nd.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana-based social graph protocol Tapestry raises $5.75 million in Series A funding
Tapestry raised $5.75 million in a Series A round co-led by Union Square Ventures and Fabric Ventures.Tapestry is a Solana-based social graph protocol designed to create an ecosystem of applications with social features.
The Daily: Trump 'receptive' to an 'America-first' crypto reserve, XRP hits new all-time high and more
President-elect Donald Trump is open to creating an “America-first” crypto reserve prioritizing U.S.-based coins like USDC, SOL and XRP, the New York Post reported, citing sources familiar with the matter.XRP hit a new all-time high of around $3.39 via major crypto exchanges on Thursday for the first time since January 2018, following a 16% surge in 24 hours and a 455% rise over the past quarter.A Litecoin ETF is the “most likely” next spot crypto ETF to be approved in the U.S., according to Bloomberg anal
Ripple CEO Says SEC's Opening Brief Is 'Definition of Insanity'
BTC breaks through $99,000