IIP-59 Approved: The proposal for Protocol-Native Voter Reward… — IoTeX Announcement Channel — TG.ME

🎉 IIP-59 Approved: The proposal for Protocol-Native Voter Reward Distribution has successfully passed!

What this means for $IOTX holders:
100% On-Chain: Voter rewards transition from off-chain servers (Hermes) straight into protocol consensus.

Zero Middleman Fees: No external service fees, maximizing payout returns for voters.

Fully Automated & Secure: Deterministic calculations enforced by block validation - no centralized keys or server dependencies.

Thank you to everyone who voted to elevate IoTeX’s decentralization! 🚀

More details: https://hub.iotex.io/governance/iip-59-protocol-native-voter-reward-distribution
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August 17, 2026 281