Lava Network passes Proposal #28 to extend LAVA token lockup to January 2026

Lava Network announced on the X platform that Proposal #28 has been passed, and decided to extend the lock-up period of LAVA tokens by one year to January 2026. It is reported that since the launch of Lava Network in the summer of 2024, it has been close to completing the migration to the full mainnet, which is expected to be completed in early 2025. At present, Lava Network has processed about 100 billion RPC requests, has about 40 million monthly active users, and has provided more than $1 million in incentives to data providers and LAVA stakers. Next, Lava will work on implementing relevant upgrades on the mainnet to implement the extended lock-up period.