Upgrade Evolution: Bitlayer's Governance Ensures Smooth V3 Transitions!

Governance on Bitlayer involves $BTR holders voting on proposals for parameters like gas limits or bridge upgrades.

Operations feature rotating validators with 99.99 percent uptime SLAs, enforced by performance bonds.

Upgrade paths use forkless mechanisms, submitting changes via BitVM proofs for verification.

Incentives provide $BTR yields for validators maintaining network health.

Response to incidents includes rapid quorums for patches, with slashing for breaches.

Dashboards monitor real-time SLA compliance.

Proposals need 51 percent approval for minor, 75 percent for major like V3 integration.

@BitlayerLabs facilitates via forums.

#Bitlayer model promotes adaptive operations.

$BTR stakes secure upgrades.