On August 12, the ERA token market achieved a significant breakthrough, with a remarkable 24-hour increase of 28.28%, setting the highest single-day increase since its listing. This notable price change is primarily attributed to the impact of two key events.

First, the community successfully passed the "Thanos Governance Upgrade" proposal. This upgrade introduces a new weighted voting mechanism that provides additional voting weight to nodes staking over 100,000 ERA. This reform aims to optimize the governance structure and improve decision-making efficiency. Notably, the new mechanism lowers the threshold for passing governance proposals from the original 51% to 35%, which is expected to significantly enhance the flexibility and responsiveness of community governance.

Secondly, the project team announced an important deflationary measure: the destruction of 2.5 million ERA tokens, accounting for approximately 0.25% of the total supply. This destruction action is the first deflationary operation following the private placement unlock on July 23, reflecting the project team's commitment to long-term value. The destroyed tokens come from the ecological fund reserve (60%) and the team lockup portion (40%), and this dual destruction strategy sends a strong signal of confidence to the market.

On-chain data reflects that the ERA ecosystem is undergoing significant changes. The governance voting participation rate has surged from 12% to 27%, indicating a marked increase in community members' attention to the project's future development. At the same time, the proportion of holdings by professional investors has surpassed 40%, suggesting that ERA is gradually evolving from a purely conceptual token into an asset with substantial governance value.

These changes not only drove a short-term increase in the price of ERA tokens, but more importantly, they may reshape the market's expectations for the long-term value of ERA. With the optimization of the governance mechanism and the contraction of token supply, the ERA ecosystem exhibits stronger vitality and development potential. However, market participants still need to closely monitor the project's subsequent developments and assess whether these changes can continue to drive the value growth and ecological prosperity of ERA.