Bahamut has completed the implementation of the Proof-of-Stake-and-Activity (PoSA) consensus on the Oasis testnet.
Proof-of-Stake-and-Activity (PoSA) is a consensus mechanism that is designed to reward validators with active smart contracts more frequently. "Activity" refers to smart contract gas consumption whenever users interact with it in any way.
The successful testnet integration prepares Bahamut for the next step: executing the PoSA merge on Bahamut mainnet. This will allow independent validators to join the network and accumulate activity whenever their smart contracts are used by users, and get elected as block proposers more frequently, thus earning more rewards from the network.
Bahamut is currently analyzing testnet results to ensure smooth and successful implementation on the mainnet, with the merge date to be announced in the near future.