The Mercury upgrade is here! 🙌

A major milestone for Neutron’s mainnet, as it transitions from a consumer chain to a fully sovereign proof-of-stake network.

Huge congratulations to the @neutron_org team for reaching this important achievement! 👏

After months of work, it's time to unveil

T H E M E R C U R Y U P G R A D E ⏫️

Mercury will be the biggest upgrade in Neutron's history, migrating Neutron from Cosmos Hub's Interchain Security to a fully sovereign PoS network.

And that's just the tip of the iceberg 👇

Mercury marks the next phase in Neutron's growth plan, opening a new chapter in Neutron’s relationship with the Hub and introducing a range of exciting developments:

➕ 11x higher throughput
➕ Sets the stage for 18x faster block times by EOY
➕ Supervaults - a new way to LP
➕ NTRN staking & liquid staking
➕ dNTRN, built by @dropdotmoney
➕ Rapid user onboarding (30s or less)
➕ The ATOM Reward Program
➕ 2x network TVL
➕ $10M liquidity boost
➕ and more

Starting with Mercury, NTRN will become a much more attractive asset to acquire and hold, offering staking rewards, new DeFi use cases, and rebates from transaction fees – all while maintaining its fixed supply and ensuring all network revenue flows to the NTRN DAO.

Currencies are backed by the economies that use them – and Mercury was designed to supercharge the Neutron economy.

With support from the NF, Interchain Labs (ICL), and the network’s communities, Neutron is expected to complete the Mercury upgrade on April 9th.

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📜 Read the full Mercury upgrade governance proposal:
https://t.co/HIjPqDtifG

🤝 Read the joint announcement from ICL and the NF:
https://t.co/WgPMgU84Q5

🎙️ Set a reminder to join us for a special ICL & Neutron Townhall space on Friday, March 21st at 10 am EST, as we dive into the Mercury upgrade
https://t.co/GdQyj7umlt