Proposal #117
Passed on 17 May 2024 with 100.0% of the votes for yes.
Yes
100.0%
100.0% without abstain
Veto
0.0%
of votes cast
Ended
17 May 2024
99.98%
of votes cast
0.01%
of votes cast
0.01%
of votes cast
0.00%
of votes cast
This is a proposal for Nolus Protocol to create an Interchain Account (ICA) on Neutron that is controlled by Nolus's governance. While there are many reasons why Nolus might want an ICA on Neutron, an immediate reason to create the ICA now is to enable Nolus to enter into a liquidity sharing agreement with another protocol without the need for a trusted multisig to manage the deal.
Note that this proposal DOES NOT commit Nolus to any deal with any other entity. Establishing the ICA simply removes the need for Nolus to have to deal with this in the future, thereby reducing the deal friction between Nolus and any other crypto-native organization that Nolus would eventually like to partner with.
By voting "YES" on this proposal, you agree to register an Interchain Account on Neutron for the purpose of facilitating trust-minimized interchain agreements.
You can read more about this on the governance forum post on the Nolus Discord server: [Hidden link]