The latest upgrade to the Shimmer Firefly wallet brings support for collectibles and governance voting.
Shimmer has introduced four new governance proposals for establishing the Shimmer Community Treasury Grant Committee.
In an interesting development taking place in the IOTA ecosystem, digital collectibles aka NFTs, and governance support have finally come to the Shimmer platform. Shimmer is the Layer-1 staging network for the IOTA blockchain and serves as a testbed for new innovations within the IOTA ecosystem.
In an announcement on Thursday, March 16, IOTA’s native wallet Firefly announced the addition of support for collectibles and governance on the Shimmer network.
With the new Collectibles gallery, users will be easily able to view and manage their NFTs in the Firefly wallet. Thus, users will be able to trade, mint, or burn their NFTs directly through the Firefly wallet.
Similarly, the introduction of the governance tab allows users to vote on the latest proposals within the Shimmer ecosystem and even hold their own votes for the DAO community.
Apart from introducing collectibles and governance support, the latest Firefly wallet version also brings a few other important changes. Some of these include a fiat market conversion for the Shimmer blockchain; in-app version updates for the Mac and Linux platforms; clear balance breakdown and efficient storage deposits; burning unwanted native tokens; burning all the unwanted native tokens; as well as other improvements and fixes.
The Shimmer Governance Proposals
Starting today, March 16, the users on the Shimmer blockchain can vote for governance proposals. With the latest update, users can directly vote from the Shimmer Firefly wallet as well. Here are the four major Shimmer governance proposals that are open to voting currently:
Proposal 1: Establishing a Community Treasury Grant Committee to hand over support to the ecosystem projects as well as other initiatives.
Proposal 2: Deciding on who gets to be the full-time Grant Committee Lead and who is eligible to receive a grant from the Shimmer Committee Treasury.
Proposal 3: This proposal involves the Grant Reviewer selection for the Shimmer Community Treasury Grant Committee.
Proposal 4: This proposal is about establishing a Shimmer Growth Committee to effectively speed up the growth of the Shimmer ecosystem. As Shimmer explains:”The Growth Committee does not seek to replace community-driven efforts but speed things up and use all possible opportunities to grow Shimmer into one of the most attractive ecosystems for Web3 applications and builders”.
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As said, the latest Shimmer Firefly wallet comes with full governance voting functionalities. Here, users get to choose how much voting power they want to use for the governance votes. With whatever amount of voting power they have chosen, users can then vote on the different governance protocols.
Shimmer noted: “If you participate in the votes, your tokens will not leave your control, and everything happens securely in your Firefly wallet”.
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