Proposal #232

Reduction of Voting Period to 2 Days

Exec Legacy Content
rejected
Expected result
Rejected
Turnout / Quorum
38.28% / 20.00%

Voting period

Voting ended100.0%
Voting start 2022.05.19 at 11:52:20
Voting end 2022.05.24 at 11:52:20

Vote distribution

3.93%
3 116 383 osmo
Yes
70.01%
55 565 378 osmo
No
0.22%
176 229 osmo
Veto
25.84%
20 504 575 osmo
Abstain

Details

logo
Proposer
-
Total deposit
500 osmo
Submit time
2022.05.16 at 21:35:40
Deposit end time
2022.05.30 at 21:35:40

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

Voter
Answer