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Proposal #22

Parameter Change: Storage Cost

PassedUpdate Params

Passed on 04 Dec 2023 with 53.2% of the votes for yes.

Yes

53.2%

99.7% without abstain

Veto

0.0%

of votes cast

Ended

04 Dec 2023

The ballotvotes cast · final tally
Yes

53.19%

of votes cast

Abstain

46.65%

of votes cast

No

0.16%

of votes cast

Veto

0.00%

of votes cast

The storage_cost parameter is responsible for estimating a fair payout for the uploader to compensate them for uploading data to storage providers like Arweave or Bundlr. Since this parameter has not been updated since genesis, and real market conditions can now be observed, we propose an updated storage cost value of 0.2772 ukyve per byte.

Timeline

  1. Submitted27 Nov 2023
  2. Voting started27 Nov 2023
  3. Voting ended04 Dec 2023
  4. Deposit deadline27 Nov 2023

Proposer

Address
kyve1fst…m7w20n
Deposit25.0K

Rules

Not recorded for this proposal.