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The Initia Foundation has published a governance update on the VIP Gauge Vote. Read the full forum post here: forum.initia.xyz/t/initia-found…

The Foundation acknowledges the community's concerns regarding the limited prior notice and opportunities for discussion for Proposal 39. Internal discussions are currently underway to evaluate next steps, and a detailed update will be provided within the next 24 hours. We

The Initia Foundation remains committed to fostering open discussion, acknowledging issues, and developing fair solutions with users in mind. Despite Prop 39 being in a passing state at writing, the Foundation has put forth a new proposal to correct the Staking Inflation rate.