Block.one, the publisher of the EOS blockchain protocol, intends to start staking and voting on EOS initiatives in May.  Declaring the news lately, the company stated that its participation is to “ensure maximum network security and constructive participation.”

“We anticipate that we will begin voting in May to help drive alignment and progress among the EOS community and lay the framework for how we engage with many public blockchains in the future,” a Block.one spokesperson told in a statement.

Block.one allotted itself 10% of the complete EOS tokens during its $4 billion ICO in 2017-2018. According to the company, it has been a “comparatively silent minority token holder” since then, having refrained from operating nodes or voting.  The company told it now contains around 9.5% of the total circulating EOS tokens, as new tokens have been created and attached to the total supply.

EOS is a proof-of-stake network in which EOS token holders can vote to determine which entities (named Block Producers) to create the next Block.  As a primary step, Block .one told it would vote for BPs (Block Producers) on the EOS network that “provided an enormous amount of code, knowledge, and leadership.”

“Initially, in the coming weeks, we plan to use our voting stake to begin highlighting and voting for many of these candidates, potentially even in rotation, to showcase these organizations’ achievements, values, and network contributions,” the company stated in a statement.

According to the company spokesperson, the top 21 BPs gain votes from over 30% of the outstanding EOS supply. This indicates that if Block.one decides to vote with all 9.5% of its token holding, it may prominently impact the voting result.

Block.one stated in the statement that its voting approach will change over time as it solicits the best ways to incentivize good BPs. It is also investigating on a model for a possible EOS foundation to help the blockchain.