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Proposal #1014

[Correct Owner Address] Migrate Stride to opt-in PSS

PassedUpdate Consumer

Passed on 15 Oct 2025 with 93.9% of the votes for yes.

Yes

93.9%

99.5% without abstain

Veto

0.0%

of votes cast

Ended

15 Oct 2025

The ballotvotes cast · final tally
Yes

93.89%

of votes cast

Abstain

5.69%

of votes cast

No

0.43%

of votes cast

Veto

0.00%

of votes cast

NOTE: The previous props #1012 and #1013 contained an error that will cause the execution of the change to fail. This is the replacement.

SUMMARY: Stride moves from ICS Top-N (95%) to an opt-in PoA-style model with 7 equal-weight validators, and control of ICS config shifts from Hub governance to a Stride Association multisig. Fees will pay those 7 validators directly.

Why

  • ICS is being sunset (planned 2026) and doesn't cover validator costs.
  • Current flow sends revenue to stakers; validator commissions are negligible.

What changes (Hub)

  • Submit MsgUpdateConsumer to:
    • Set new owner = Stride Association multisig.
    • topN: 0 (opt-in), validatorSetCap: 7, validatorsPowerCap: 1.
    • Allowlist the 7 validators.

Validators (7)

  • Imperator, Polkachu, Stakecito, Keplr, Cosmostation, Lavender.Five, Citadel.One.

Follow-on (Stride)

  • Redistribution 85% → 100%.
  • Pay fees directly to the 7 validators' fee addresses.

Forum: [Hidden link]

Timeline

  1. Submitted08 Oct 2025
  2. Voting started08 Oct 2025
  3. Voting ended15 Oct 2025
  4. Deposit deadline22 Oct 2025

Proposer

Address
cosmos1n…krac0s
Deposit500

Rules

Not recorded for this proposal.