Proposal #62
Passed on 14 Feb 2025 with 66.9% of the votes for yes.
Yes
66.9%
100.0% without abstain
Veto
0.0%
of votes cast
Ended
14 Feb 2025
66.92%
of votes cast
33.05%
of votes cast
0.03%
of votes cast
0.00%
of votes cast
This proposal seeks to formally enforce a governance-locked hard cap of 48 billion tokens for the Sentinel Network. While the Sentinel whitepaper specifies this cap, it is currently possible to modify the amount through governance. This proposal ensures that any future increase to the 48 billion cap can only be approved with a supermajority of 99% “yes” votes, while quorum requirements remain unchanged.
By implementing this measure, we safeguard the predictability and integrity of Sentinel’s tokenomics, ensuring that changes to the total supply are only made with overwhelming community consensus.
Please see the commonwealth proposal for full context: [Hidden link]
VOTE YES – Support enforcing a governance-protected 48 billion hard cap. VOTE NO – Keep the current arrangement, where governance can change the cap with a standard majority. VOTE ABSTAIN – No strong opinion on the matter. VOTE NO WITH VETO – Oppose this proposal as harmful to the network, recommending penalties for its depositors.