IoTeX (@iotex_io): IIP-59 is officially coming to a vote on the IoTeX Hub. 🗳️
Estimated coin impact
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- IOTX+75Positive
IIP-59 is officially coming to a vote on the IoTeX Hub. 🗳️ Right now, voter rewards run through Hermes—an off-chain service that holds keys, computes payouts outside consensus, and charges a fee. IIP-59 moves everything directly into the protocol: → No service fees. Voters keep 100% of their yield. → Zero downtime. Rewards no longer rely on external servers. → Enforced by block validation, not by trust. → Optional auto-compounding into your staking bucket. True decentralization isn't just an announcement. It’s deleting the parts that require trust. Voting opens Aug 7, 5:00 PM PT and runs through Aug 15. 👉 http://hub.iotex.io/governance/iip-59-protocol-native-voter-reward-distribution