Back to collectionA Staking Majority Amid Election Turbulence
Background: The three-day community poll on foundation staking was ending, and people wanted to know whether the earlier arguments had at least produced a direction. Today: Japan's governing coalition lost ground in the election, and the yen turned volatile again. Impact and what follows: Supporters finally had a majority they could point to, giving the prolonged argument a temporary resting place.
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Background: The three-day community poll on foundation staking was ending, and people wanted to know whether the earlier arguments had at least produced a direction. Japan's election also unsettled outside markets that day, with yen volatility adding noise to price speculation in the chat.
Today: Japan's governing coalition lost ground in the election, and the yen turned volatile again. That evening, the staking proposal's poll closed: 79% of 109 votes were in favor. Some immediately wanted to discuss execution; others pointed out that this was an expression of preference and waited to see how the proposers would respond.
Impact and what follows: Supporters finally had a majority they could point to, giving the prolonged argument a temporary resting place. The vote itself had not built a staking vault. Outside markets were still unsettled, and the community now awaited the proposers' plan for moving forward.