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Proposal #28

Lava v4.2.0 Software Upgrade - Lockup Adjustments

PassedSoftware Upgrade Proposal

Passed on 12 Dec 2024 with 11.6% of the votes for yes.

Yes

11.6%

84.4% without abstain

Veto

0.1%

of votes cast

Ended

12 Dec 2024

The ballotvotes cast · final tally
Yes

11.57%

of votes cast

Abstain

86.29%

of votes cast

No

2.09%

of votes cast

Veto

0.05%

of votes cast

Software upgrade for Lava codebase on block height 1853800, which is estimated to occur on Sunday, Dec 15th, UTC 20:00. Block times have high variance, so please monitor the chain for more precise time estimates.

Upgrade Features

This upgrade consists In alignment with the community discussion [Hidden link], this Hotfix proposes a single change: extending periodic vesting account cliff by 1 year. This version was reviewed, technologically approved and deployed on testnet in accordance with Lava Foundation . See the [Hidden link].

Getting Prepared for the Upgrade

To build the binary, be sure to install golang 1.20. NOTE: Golang versions lower than this will not work. If not using Cosmovisor, wait for your node to halt at the upgrade height, then install and run the v4.2.0 binary.

Details of Upgrade Time

The proposal targets the upgrade proposal block to be 1853800, anticipated to be on Sunday, Dec 15th, UTC 20:00. Note that block times have high variance, so keep monitoring the time. See countdown [Hidden link]. In the event of an issue at upgrade time, we should coordinate via the mainnet validators channel in discord to come to a quick emergency consensus and mitigate any further issues. Providers version is unchanged

Timeline

  1. Submitted08 Dec 2024
  2. Voting started08 Dec 2024
  3. Voting ended12 Dec 2024
  4. Deposit deadline10 Dec 2024

Proposer

Address
lava@1ts…syvzct
Deposit7.0K

Rules

Not recorded for this proposal.