According to official news, the fully homomorphic encryption (FHE) re-staking layer Mind Network announced the launch of the FHE voting solution to ensure the consensus and data security of AI and PoS networks.
The solution introduces the concept of total governance value (TGV), which separates voting rights from staked assets and allocates them to networks/systems that require governance and consensus. Users can obtain vFHE by holding staked assets, thereby participating in ensuring the consensus of other networks they want to support.
The first batch of TGV partners include Puffer, Etherfi, Mellow, Manta Network, Stakestone, Solv, Bouncebit, Swell, etc.
In June last year, Mind Network announced the completion of a $2.5 million seed round of financing, with Binance Labs, Comma3 Ventures, SevenX Ventures, HashKey Capital, Big Brain Holdings, Arweave SCP Ventures, Mandala Capital, etc.