Celestia Co-Founder Proposes Proof-of-Governance for Token Staking

According to PANews, Celestia co-founder John Adler has proposed adopting Proof-of-Governance (PoG) as the ultimate solution for liquid staking tokens (LSTs) on the X platform. The proposal suggests modifications to the Celestia protocol that could significantly reduce unnecessary token issuance from 5% to 0.25% without compromising the protocol's security. This change aims to facilitate seamless parity with LSTs, allowing TIA to be more easily utilized within Celestia's native DeFi ecosystem. Additionally, by enhancing data availability (DA) throughput and vertically integrating with execution layers and applications, this change is expected to help Celestia accumulate value through revenue (REV) and transaction fees.