Reduction of Voting Period to 2 Days
Voting period
Vote distribution
Details
Description
- Voting YES for this proposal indicates that the voting period for Osmosis proposals will be reduced to 2 days.
- Voting NO for this proposal indicates that the voting period for Osmosis proposals will remain at 5 days.
This proposal asks for a reduction of the Voting Period from 5 days to 2 days due to Osmosis needing to respond rapidly to the ongoing Terra depeg event, Osmosis incentive restructuring and a rapidly changing environment. This reduction to the Voting Period will be temporary. A follow-up governance proposal will be posted no later then 1st July 2022 to revert the Voting Period back to 5 days, implement a variable voting period for proposal types or request an extension to this emergency Voting Period. During this period governance should be vigilant to any proposals as the time for discussion is very limited. Proposals loaded on a Friday or Saturday should be given additional scrutiny before voting to ensure that they are not taking advantage of historical lowered governance turnout over weekends.
Commonwealth Post: https://gov.osmosis.zone/discussion/4909-reduction-of-voting-period-to-2-days
Votes