Proposal #191

Allocate a flat portion of staking rewards per validator

Exec Legacy Content
rejected
Expected result
Rejected
Turnout / Quorum
40.24% / 20.00%

Voting period

Voting ended100.0%
Voting start 2022.04.05 at 19:39:39
Voting end 2022.04.10 at 19:39:39

Vote distribution

11.41%
9 519 952 osmo
Yes
62.45%
52 103 696 osmo
No
0.08%
66 129 osmo
Veto
26.05%
21 736 737 osmo
Abstain

Details

logo
Proposer
-
Total deposit
501 osmo
Submit time
2022.04.05 at 14:38:42
Deposit end time
2022.04.19 at 14:38:42

Description

Voting YES for this proposal indicates:\nSupport for the addition of a flat staking reward for validators, causing a higher APR for lower ranked validators to promote decentralization.\nSupport for reallocating the required for this flat staking reward from the overall pot of daily staking rewards.\n\nVoting NO for this proposal indicates: \nNo support for adding a flat staking reward for validators\n\nDecentralization of a blockchain validation network is important to ensure that no one party or small group has excessive influence over the security of the chain and governance decisions.\nIn order to improve decentralization of Osmosis, a system of biasing staking rewards towards delegation to validators with less share of the vote may be effective.\nThis proposal asks that a fraction of the daily staking inflation be reallocated to provide an incentive of 20 to all validators at or above the midpoint of the validator set, and a proportional incentive below this rank to maintain the increased APR of the validator at the midpoint. \n\nFurther details and discussion: https://commonwealth.im/osmosis/discussion/4070-flat-fee-per-validator

Votes

Voter
Answer