Proposals of #5

Decrease voting period for proposals

Exec Legacy Content
passed
Expected result
Turnout / Quorum
38.00% / 40.00%
Voting start 2022.03.09 at 06:03:26
Voting end 2022.03.23 at 06:03:26
99.69%
52 323 965 xprt
Yes
0.29%
151 227 xprt
No
0.01%
3 112 xprt
Veto
0.02%
9 379 xprt
Abstain

Details

Proposer
-
Total deposit
512 xprt
Submit time
2022.03.08 at 16:03:32
Deposit end time
2022.03.22 at 16:03:32

Description

Introduction Any decisions to be taken on the Persistence chain require a proposal to be sent on-chain. This proposal decreases the voting period from 14 to 7 days.

Current situation Currently, the voting period is 14 days. This blocks implementation of proposals for 14 days, which is a long time to introduce important changes. E.g., in the case of upgrading to cosmosSDK v44 -due to 14 days of the voting period- the upgrade was on halt even after successful deployment on testnet. The idea is to have good functionalities released to the chain rather quickly.

Proposal Parameter change proposal for the Persistence chain, that will reduce the voting period from 14 to 7days.

Votes

Voter
Answer