Proposal #26
Passed on 17 Sept 2022 with 59.4% of the votes for yes.
Yes
59.4%
88.6% without abstain
Veto
0.2%
of votes cast
Ended
17 Sept 2022
59.39%
of votes cast
32.97%
of votes cast
7.41%
of votes cast
0.23%
of votes cast
0% or low commissions are known to be bad for the health of the network. By setting up a minimum commission rate, it will help to build a healthier network environment and promote decentralization of Akash network. 5% has been accepted by a wide range of Cosmos community in Osmosis, Juno, Chihuahua, to name a few.
If this proposal is passed, the software of Akash network will be needed to be updated so that commission of all validators lower than 5% will be increased to the minimum automatically. Validators with commission rate lower than 5% should increase their commission rate to 5% as a gentlemen agreemnt before the required network upgrade.