The Render Network Foundation is weighing whether to build its newly approved burn-and-mint equilibrium model on the solana blockchain. LizKNapolitano reports
The BME model, which the community approved last month, requires users to burn a predetermined amount of RNDR, the network’s native token in exchange for non-fungible work credits distributed through node operators.
The Render network currently builds on the Polygon blockchain but has received strong support among its users for a Solana migration. Roughly 55% of users favor making the switch to Solana, while 14% of users would prefer the network remain on Polygon, according to a community sentiment poll included in the proposal. The other 31% of users supported migrations to other blockchains, including Aptos, Ethereum and Algorand, among others.
“The decision whether to continue with Polygon versus moving to Solana sparked a spirited debate between the pros and cons of each, with support for Solana's runtime, developer community, low transaction fees, and speed contrasting Polygon's centralization, reorg tendency, and user experience concerns,” the proposal reads.
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