Proposal #256
Failed on 18 Jun 2022.
Yes
54.2%
55.3% without abstain
Veto
0.1%
of votes cast
Ended
18 Jun 2022
54.21%
of votes cast
2.00%
of votes cast
43.64%
of votes cast
0.14%
of votes cast
Lum Network IBC channel is currently in a frozen state following the Osmosis chain halt of the past few days. This issue is known and has already been dealt with successfully in January 2022 where it was heavily tested prior to making a governance proposal.
The detail of the previous unfreeze operation is available here: [Hidden link]
Lum Team is now ready to proceed with a new channel unfreeze to restore connection between Lum & Osmosis.
Proposal goal:
This proposal will enable the unfreezing process of the IBC channel between Osmosis and Lum Network, thus allowing deposits and withdrawals of $LUM on the Osmosis platform:
This proposal has no effect beside enabling back the IBC connection between the two chains.
Details:
The IBC client refresh between Osmosis and the Lum Network was not possible during the Osmosis shutdown. Shutting down the IBC connection froze the currently use channel (3-115). Meaning that no IBC transfer can be made using this channel unless this governance proposal is voted YES by OSMO stakers. The process to enable IBC transfers back require to substitute the current IBC client by a new one that is not in an expired state.