Sei v2 will be launched in three phases
ChainCatcher message, Sei announced that the Sei v2 launch plan is divided into three phases. The first phase is governance, where the proposed update v2 is ready to be adopted on the mainnet through an on-chain proposal, thus starting the governance approval process; the second phase is the Alpha release, where if the governance approval process is accepted, validators will begin upgrading their software, and the existing Sei Pacific-1 mainnet will be upgraded to v2; the third phase is when v2 is ready.