The BounceBit governance dashboard is online, providing real-time proposal updates and other features

ChainCatcher message, BounceBit announced on platform X that its governance dashboard is now live, providing real-time proposal updates, proposal submissions and voting, as well as monitoring network parameters.

The official statement indicates that governance on the BounceBit chain is the first step towards decentralization for BounceBits. Users can submit proposals by paying a deposit, and once the minimum deposit amount is reached, the proposal will enter the designated voting period. If the proposal is accepted, users can reclaim their deposit, or if the proposal voting period never starts.