The SIMD228 proposal shows strong initial support with 69.84% voting 'Yes', but faces challenges in reaching quorum, as only 22.64% of total voting power has participated. Token distribution remains limited, with 33.17% of tokens claimed by 447 out of 1,349 validators, suggesting an ongoing and gradual engagement process. Despite overwhelming voting support, the proposal's passage remains uncertain due to low overall participation.
Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.