Multicoin teams up with Jito to propose the "Solana Constitution" proposal, aiming to introduce stakers' rewriting rights and initiate the first round of voting in Q1 next year.

Foresight News reports that Multicoin Capital Managing Partner Tushar Jain and Jito Governance Lead Nick Almond jointly released the “The Solana Constitution” proposal at the Solana Breakpoint conference, aiming to address the current ambiguity issues in Solana governance. The core of the proposal introduces the “Staker Override,” allowing stakers to overturn the voting decisions of delegated validators on specific proposals, thereby solving the agent problem in representative democracy and granting ultimate sovereignty to stakers. The proposal suggests a dual-track system: systemic changes require full network voting through SGP, while technical specifications under SIMD typically only require peer review. To define “systemic change,” the proposal introduces an upgrade mechanism: if a SIMD is controversial, only 15% of staking weight needs to mark it, and the SIMD will be upgraded to an SGP and forced to undergo full network voting. Additionally, the team plans to launch a new voting app based on Jito NCN technology in Q1 next year. At that time, SGP-1 will be a vote to approve the “Solana Constitution,” while SGP-2 may involve governance changes hinted at by community member Mert.