This proposal seeks to upgrade the existing Kroma validator system to a KRO-based validator system. This upgrade includes the deployment of new smart contracts that will introduce new staking mechanisms and validator reward structures. For more details about the new validator system, please refer to the specification.

Upon the successful approval and execution of this proposal, the related contracts will be upgraded on the mainnet, and validators will be required to update their nodes to Kroma’s v2.0.0.