Enable IBC transfers between Lum Network and Osmosis
rejected
Expected result
Rejected
Turnout / Quorum
16.42% / 20.00%
Voting period
Voting ended100.0%
Voting start 2021.12.25 at 18:52:13
Voting end 2021.12.28 at 18:52:13
Vote distribution
11.78%
4 010 832 osmo
Yes
58.45%
19 897 518 osmo
No
0.36%
123 401 osmo
Veto
29.41%
10 010 443 osmo
Abstain
Details
Proposer
-
Total deposit
500 osmo
Submit time
2021.12.25 at 18:49:30
Deposit end time
2022.01.08 at 18:49:30
Description
This proposal will enable the unfreezing process of the IBC channel between Osmosis and Lum Network, thus allowing deposits and withdrawals of $LUM on the Osmosis platform:
- By voting YES, OSMO stakers voice their support in unfreezing the IBC channel between Osmosis and Lum Network
- By voting NO, OSMO stakers voice their dissent in unfreezing the IBC channel between Osmosis and Lum Network
This proposal has no effect beside enabling back the IBC connection between the two chains.
Details:
The IBC connection between Osmosis and the Lum Network was shutdown during the $LUM Liquidity Bootstrapping Phase in order to have a proper price discovery without external interferences.
Shutting down the IBC connection froze the currently use channel (3-115). Meaning that no IBC transfer can be made using this channel unless this governance proposal is voted YES by OSMO stakers.
Votes
Voter
Answer