Governance Proposal 11322 was submitted on 29/1/23 and passed, stating that the minimum validator commission should be set at 5%. At the time of writing, 6 validators are below the mandatory 5% commission, as set out by governance! Due to the failure of functional code preventing validators from breaking governance rules of a minimum 5% commission, it will become the responsibility of the L1 team to monitor validator commission. This to be checked once every 24-hour period. Any non-compliant validators will be immediately manually jailed, carried out by the L1 team. Validators will only be unjailed once the commission has been raised to above the mandatory 5%. Once dynamic commission code has been released, this policy will become redundant but to be used as a backup should the code fail to function correctly again in the future. Vote "Yes" if you believe governance should be respected, and all validators should be above the minimum 5% commission. Vote "No" if you believe validators have the right to ignore governance. Vote "Abstain" if you have no opinion either way. "No With Veto" is not applicable. Propopsal by SolidVote Validator
Submitted
25 Oct 2023, 11:25:44 UTC
Vote closed
02 Nov 2023, 15:09:43 UTC
Not approved
The proposal did not produce an approved governance action.
Current or final voting power, calculated from the on-chain tally.
Quorum
Reached
Objective network measurements at vote close plus 7, 30, and 90 days. Missing history is shown honestly, never backfilled with estimates.
Manual success criteria required
This proposal does not map cleanly to a chain-wide metric. Delivery evidence must come from its stated milestones.
/cosmos.gov.v1.MsgExecLegacyContent/cosmos.gov.v1beta1.TextProposal65.82% participating
Approval
Below threshold
41.65% decisive Yes
Veto
Below threshold
0.58% of participation
What this message can change—not a prediction of price.