Proposal #337

Increase the Osmosis Active Validator Set to 150 Validators (from 135)

Exec Legacy Content
passed
Expected result
Passed
Turnout / Quorum
52.33% / 20.00%

Voting period

Voting ended100.0%
Voting start 2022.09.28 at 17:51:09
Voting end 2022.10.03 at 17:51:09

Vote distribution

82.58%
89 575 828 osmo
Yes
1.70%
1 842 572 osmo
No
0.03%
33 079 osmo
Veto
15.69%
17 025 168 osmo
Abstain

Details

logo
Proposer
-
Total deposit
1 600 osmo
Submit time
2022.09.28 at 17:51:09
Deposit end time
2022.10.12 at 17:51:09

Description

The Osmosis network is the home of the premier DEX in the IBC, and possibly the best DEX in the cryptocurrency space. Osmosis sees an impressive amount of daily traffic and serves as a central hub for investors to transfer assets between IBC networks. Because Osmosis is critically important to the IBC community, governance of the Osmosis network is extremely important. Even during the bear market, new investors continue to arrive. Representing diverse investors and their interests well as we are able aligns with the spirit of the IBC community. Increasing the number of validators in the active set from 135 to 150 would create additional opportunities for individuals and organizations to support the network as validators, and increase the options available to investors interested in selecting a validator that aligns with their philosophy for the network. While there are exceptions, across the IBC, 150 validators has become the standard size for an active set. Commonwealth

Votes

Voter
Answer