Cosmos Cosmos Hub 2

Don't Burn Deposits for Rejected Governance Proposals Unless Vetoed

Passed
Proposal passes.
YES
99.99%
110.522M ATOM
ABSTAIN
0.01%
11,773.44 ATOM
NO
0%
4 ATOM
NO (VETO)
0%
0 ATOM
PROPOSAL DESCRIPTION
Read here, or on ipfs.ink The Cosmos Hub's state machine handles spam prevention of governance proposals by means of a deposit system. A governance proposal is only considered eligible for voting by the whole validator set if a certain amount of staking token is deposited on the proposal. The intention is that the deposit will be burned if a proposal is spam or has caused a negative externality to the Cosmos community (such as wasting stakeholders’ time having to review the proposal). In the current implementation of the governance module used in the Cosmos Hub, the deposit is burned if a proposal does not pass, regardless of how close the final tally result may have been. For example, if 49% of stake votes in favor of a proposal while 51% votes against it, the deposit will still be burned. This seems to be an undesirable behavior as it disincentivizes anyone from creating or depositing on a proposal that might be slightly contentious but not spam, due to fear of losing the deposit minimum (currently 512 atoms). This will especially be the case as TextProposals will be used for signaling purposes, to gauge the sentiment of staked Atom holders. Disincentivizing proposals for which the outcome is uncertain would undermine that effort. We instead propose that the deposit be returned on failed votes, and that the deposit only be burned on vetoed votes. If a proposal seems to be spam or is deemed to have caused a negative externality to Cosmos communninty, voters should vote NoWithVeto on the proposal. If >33% of the stake chooses to Veto a proposal, the deposits will then be burned. However, if a proposal gets rejected without being vetoed, the deposits should be returned to the depositors. This proposal does not make any change to the current behavior for proposals that fail to meet quorum; if a proposal fails to meet quorum its deposit will be burned.
VOTES
Yes cosmos1068jfs4mhwwtscyxzcgcgugs2qqfm453pcswjz
Yes CosmosPool.org
Yes Cosmos Suisse
Yes DragonStake
Yes lunamint
Yes Ubik Capital - Join our Contest
Yes cosmos1krfmhqvfzmxex5uw5atjwfs9xpqel6hvqajkyt
Yes 01node.com
Yes cosmos1rh793h4h9v608t2ttv3vvawqs3u6tvuf5h3xrz
Yes cosmos1d8754xqa9245pctlfcyv8eah468neqznjwmh3v
Yes 🐠stake.fish | bitfish
Yes ATEAM
Yes cosmos14xgdfdnpjtulj6p7rkc75ekxqjq8hc5c7x6hpd
Yes KalpaTech
Yes Bity.com
Yes cosmos16x03wcp37kx5e8ehckjxvwcgk9j0cqnhnugpjk
Yes Skystar Capital
No cosmos16ppzx0tlmplv3kpwhdnjr4jg76zeegkg43tttf
Abstain cosmos188z9th39f54sqmexvgj5wvjg4sus9qmm9w665e
Yes Firmamint
Yes iqlusion
Yes cosmos10386s0yz7grheny3spfhc3av2uwk52j35sexlh
Yes cosmos1yqrhvljjmag2ny5aejw4rd39yl5wwd3mxvjzdf
No cosmos15ktx0hyp4s3ty0y050fl7c0ux09l7kq07e5asp
Yes cosmos1j26c4k2jj9tv95whdhva3e8v2fcm4s3dpt77r6
Yes IØN
Yes cosmos1nthz9fu02ejwe454plema95fd6wnar6xz00ad0
Yes Simply VC
Yes Simply VC Genesis
Yes P2P.ORG - P2P Validator
No cosmos1h08qhe7736c0fu6messs4vyqjfvmtk08gc7ru4
Yes Cosmostation
Yes Ztake.org
Yes Chorus One
Yes cosmos1e9jlmhjnhv0z5wj64gz0dwn6q523xyxexne9dq
Yes cosmos1udndj2rfyzf3fmxucphn354p8cl6nsyhmemchd
Yes Delega Networks♾
Yes StakeWith.Us
Yes cosmos1gwjgwpk2lt60puzc9qutd4yqdtwjlk03cxrday
Yes Staking Facilities
Yes cosmos14c0fd20cgjzgcslvxd62d6ku794e2pt746hdk2
Yes cosmos1vvc7x8zv8tpqtuwyt0e2ct938r3yjwp5px6dd2
Yes Easy 2 Stake
Yes Polychain Labs
Yes Compass
Yes Everstake
Yes Validator🌐Network
Yes cosmos1qht2a277khy9caeasclmaj42dumpp48wtpnnmq
Yes Sentinel
Yes cosmos1gv23034suxwklhr4q7fsw9dygph55ykm0xp99t
Yes Umbrella ☔
Yes syncnode
Yes Cryptium Labs
Yes NewRoad.Capital
Abstain IZ*ONE
Yes cosmos170aufm8kecmhwnlf4a98kv83wnkmjmkyh2rhu2
Yes cosmos1k7ydfte4jff6wx2xky8ct7tt2xlphtmpdkzvw6
Yes cosmos1sxug4mcc8m9rpx2l3ygy4lpruk2khr5cu4tc64
Yes cosmos1pj9e89gc8dkvv72wh5qdsxwrnwzev8tv8h9x3r
Abstain FreeValidator
Yes cosmos1aq4j6gz0tcj039nn74pdfefgksnqlld030lkhf
Yes cosmos158mysantvvk7x65tfhhuu8q2va4ls34rhxr9qq
Yes cosmos105l5r3rjtynn7lg362r2m9hkpfvmgmjt7nvq9h
Yes meleaTrust
Yes cosmos1dany3yuj5qzcyl33qjcxwc6m478a3wftv347sh
Yes Certus One
Yes Ping
Yes ChainLayer.io
Yes cosmos1g8622z29zmgsh9cmf56uzq5zyvvt4fnsn295pm
Yes cosmos164z7wwzv84h4hwn6rvjjkns6j4ht43jv9e3ljy
Yes F4RM
Yes POSBakerz
Yes cosmos1k85m3qrzfxkw29v6thn2dp7r6mnw8trp08xknd
Yes Valid8r
Yes unicorn-ethermat-1
Yes commercio.network
Yes CoinoneNode
Yes Wetez
Yes cosmos1gmm6e08y6rtqfjqqwa5fwpmyc8shnf3y4mucw0
Yes chainflow-cosmos-prodval-01
Yes HyperBlocksPro
Yes Vali the Thor
Yes Staking Fund: the Never Jailed Crew
Yes B-Harvest
Yes piggy-coin.com 🐷
Yes figment
Yes cosmos1te9kxhteqmu09flx78az5jdhtuc2vcxpzd4xax
Yes cosmos1c3ynnn0ra95ehaakss2ultxf7tsw79j9yh8e3d
Yes kytzu
Yes jackzampolin
Yes Sikka
Info #6
2019-05-03 at 18:14 UTC
81%
111M of 137M ATOM have voted.
Tallying Procedure
40%
50%
33.4%
0.0