Decrease the minimum deposit amount for governance proposals
passed
Expected result
Rejected
Turnout / Quorum
2.21% / 20.00%
Voting period
Voting ended100.0%
Voting start 2021.07.29 at 19:27:55
Voting end 2021.08.01 at 19:27:55
Vote distribution
86.36%
3 953 884 osmo
Yes
10.70%
489 672 osmo
No
0.16%
7 323 osmo
Veto
2.79%
127 595 osmo
Abstain
Details
Proposer
-
Total deposit
2 501 osmo
Submit time
2021.07.22 at 23:07:59
Deposit end time
2021.08.05 at 23:07:59
Description
This proposal would lower the minimum deposit for governance proposals from the current 2500 Osmos, to 500 Osmos. The Cosmos hub currently has a minimum deposit of 64 Atoms, at the current exchange rate between Atoms and Osmos (1 Atom to 7.196 Osmo) this is equivalent to ~460 Osmos. Therefore a level of 500 Osmos seems much more reasonable.
Votes
Voter
Answer