The Ethereum Mainnet merged with the Beacon Chain proof-of-stake network on September 15, 2022. This marks the end of proof-of-work for Ethereum and a full transition to proof-of-stake. This historic upgrade is projected to reduce the Ethereum network's energy consumption by over 99% and sets the stage for future upgrades to further scale the Ethereum network. Holders of this POAP were there to witness the Ethereum Mainnet Merge with the rest of the community and signaled their support to the core developers of this enormous undertaking by sending roughly $10 of ETH to the Protocol DAO, directly funding protocol contributors. Special thanks to all of the client teams, researchers and core developers of the Ethereum Protocol, and to community leaders The Daily Gwei, Bankless, Ethereum Cat Herders, The Ethereum Foundation and EthStaker for their support in preparing the world for this moment. -https://thedailygwei.substack.com/ -https://newsletter.banklesshq.com/ -https://www.ethereumcatherders.com/ -https://ethereum.org/en/ -https://ethstaker.cc/

HIP-38: Election of Proposers (Phase 3) --- This POAP was shared with registered humans that voted on the HIP-38 proposal. --- Simple Summary This HIP establishes that the addresses gathered from the Snapshot poll (later deleted by Snapshot admins but still retrievable through other means) is a legitimate list of candidates for the proposer role, and to establish the addresses of that list should be instated as the initial seed of proposers in the Snapshot platform. --- POAP art created by Ekeko