Proposal #852
Passed on 19 Oct 2024 with 99.2% of the votes for yes.
Yes
99.2%
100.0% without abstain
Veto
0.0%
of votes cast
Ended
19 Oct 2024
99.23%
of votes cast
0.76%
of votes cast
0.01%
of votes cast
0.00%
of votes cast
This proposal removes rate limits for CUDOS due to the upcoming migration event to ASI reducing assets held on Osmosis.
The IBC Rate Limit module is a safety control implemented in [Hidden link], intended to protect assets on Osmosis in the event of security issues with:
Rate limits allow only a specified net percentage change in the quantity of an asset on Osmosis within a specified period.
Slowing down the rate of security incidents allows validators more time to respond, investigate, and take any required action. It either caps the rate at which exploited tokens generated elsewhere can be sent to Osmosis for disposal or prevents unusually high amounts of tokens on Osmosis from being removed.
Current IBC Rate limits can be monitored on the [Hidden link].
As previously referenced in [Hidden link], several AI projects are merging to become the Artificial Superintelligence Alliance.
CUDOS' inclusion in this was passed in [Hidden link]
As specified in this proposal, CUDOS is expected to halt at the end of October, and the majority of liquidity has already been withdrawn from Osmosis as it delists from exchanges.
Forum Thread: [Hidden link]