How to Participate in Lagrange Governance? A Must-Read Guide for Token Holders
As a ZK proof network built on EigenLayer, governance rights of #Lagrange ($LA ) are shared among token holders. Here are the core pathways for holders to participate in governance:
1. Acquire $LA Tokens and Stake
• Token Acquisition: Buy $LA through exchanges (such as Binance Alpha, MEXC) or participate in ecosystem tasks (such as testnet interactions) to receive airdrops.
• Staking Enhances Voting Power: Staking $LA can increase governance weight while earning an annual return of 20%+ (currently, 35% of the circulating supply is staked).
2. Participate in Proposals and Voting
• Proposal Discussion: Join the official Lagrange Discord or forum to participate in discussions of governance proposal drafts (such as token burn, AVS node incentive adjustments, etc.).
• On-chain Voting: Vote on formal proposals through platforms like Snapshot, with voting weight determined by the amount of tokens held. Key proposals must pass through the “hard consensus” stage (such as fund allocation or protocol upgrades).
3. Delegate or Act as a Representative
• If time is limited, you can delegate voting rights to a trusted representative in the community (such as technical experts or long-term contributors), and delegation must be completed through a smart contract. @Lagrange Official
Tip: Participation in governance directly impacts the $LA ecosystem value, as a recent proposal aims to use 20% of on-chain revenue for token buybacks, which could significantly enhance token scarcity.