User participation describes the active involvement of individuals within a digital platform or decentralized network. In blockchain and Web3 contexts, this extends beyond passive consumption to include activities such as voting in governance proposals, providing liquidity to decentralized finance protocols, creating content for decentralized applications, or validating transactions. It represents the collective engagement that drives the functionality, security, and evolution of decentralized ecosystems. High levels of participation are often indicators of a healthy and decentralized community.
Context
News often reports on metrics of user participation, such as active addresses, transaction counts, or voter turnout in decentralized autonomous organizations, as measures of a protocol’s success and decentralization. Discussions frequently center on designing incentive structures that encourage broad and meaningful engagement from the user base.
This dynamic mechanism, inspired by EIP-1559, enshrines a variable MEV extraction rate to formally balance user and validator incentives for system robustness.
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