The StarkWareLtd-backed Starknet DAO will hold its first vote next week on whether a new upgrade should be approved for the mainnet. BrandyBetz reports
in the future, and several months after the Starknet token was announced.
Starknet DAO community members will be able to vote on each new protocol update, and a successful vote will lead to a mainnet launch. The vote will begin on March 21, opening a six-day voting window via Snapshot. If successful, the Starknet mainnet would be upgraded at the end of the vote. The independent, nonprofit Starknet Foundation will delegate 33% of its overall voting power in the first vote to the first-phase Builders Council and a group of delegates selected from a delegate pool, who get 10%. The foundation, which aims to help the network achieve its decentralization goal,
and was allocated 5.01 billion Starknet Tokens, or about 50.1% of the initial token supply of 10 billion tokens.
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