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Proposal #337

Increase the Osmosis Active Validator Set to 150 Validators (from 135)

PassedParameter Change Proposal

Passed on 03 Oct 2022 with 82.6% of the votes for yes.

Yes

82.6%

97.9% without abstain

Veto

0.0%

of votes cast

Ended

03 Oct 2022

The ballotvotes cast · final tally
Yes

82.58%

of votes cast

Abstain

15.69%

of votes cast

No

1.70%

of votes cast

Veto

0.03%

of votes cast

The Osmosis network is the home of the premier DEX in the IBC, and possibly the best DEX in the cryptocurrency space. Osmosis sees an impressive amount of daily traffic and serves as a central hub for investors to transfer assets between IBC networks. Because Osmosis is critically important to the IBC community, governance of the Osmosis network is extremely important. Even during the bear market, new investors continue to arrive. Representing diverse investors and their interests well as we are able aligns with the spirit of the IBC community. Increasing the number of validators in the active set from 135 to 150 would create additional opportunities for individuals and organizations to support the network as validators, and increase the options available to investors interested in selecting a validator that aligns with their philosophy for the network. While there are exceptions, across the IBC, 150 validators has become the standard size for an active set. [Hidden link]

Timeline

  1. Submitted28 Sept 2022
  2. Voting started28 Sept 2022
  3. Voting ended03 Oct 2022
  4. Deposit deadline12 Oct 2022

Proposer

Address
Deposit1.6K

Rules

Not recorded for this proposal.