Crescent

Orderbook DEX

Proposal Details

Proposal #85

Passed

Proposal title

Approve Polkachu as Crescent Liquid Staking Validator

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

93.98%

Proposal #85 description

According to the last announcement for adding a new Liquid Staking Validator, we had got an LSV application form for 2 weeks. Based on the scoring system that we opened and discussed on the commonwealth, we extracted the top 3 candidates out of 13 candidates.

Voting YES to this proposal means that you approve ‘Polkachu’ to be adopted as a new liquid staking validator.

only YES votes will be counted. Voting NO, NO WITH VETO, or ABSTAIN will have no effect on which candidate is adopted. (However, when the number of the voting amount is significantly different among each candidate, No votes can be reflected)

Voting procedures summary:

  • Existing LSV should not vote, and votes by existing LSV will not be counted for this proposal
  • Only one candidate that receives the highest number of CRE for ‘Yes’ voting, can only proceed to the next step
  • The final validator needs to be agreed upon via on-chain governance(existing LSV need to vote)
  • New LSV is added upon the passing of the governance proposal

Link to the docs for all candidates scoring:

https://docs.google.com/spreadsheets/d/14CPUXiIWXSVvW2HR7E3VVRjPjjKCVW_W/edit?usp=sharing&ouid=113404813873563669465&rtpof=true&sd=true

Here’s the scoring system that was discussed before: https://commonwealth.im/crescent-forum/discussion/5199-discussion-liquid-staking-validator-scoring-system

Qualitative Scoring Criteria submitted by Polkachu

How will you contribute to the Crescent Ecosystem in the future?

: Will continue to do all the good work we have been doing

What is your long-term plan to sustain the Crescent node?

: Use the commission earnings to maintain the high-quality services that we have always been providing

Infra specs and operation specs

: See: https://polkachu.com/blogs/holy-trinity-a-system-approach-to-tendermint-based-chain-validation

**Qualitative answers also can be found here :**https://docs.google.com/document/d/1F1lxjAP77ZkBdMFH6HMjP7HZGuHFnY05PJfGZdI63bM/edit?usp=sharing ****

Proposal #85 overview

Total votes
535
Voters
459
Total deposit
2,000 CRE

Proposal #85 votes

#

Validator

Account Address

Options
1Klub StakingYes
2Bro_n_BroYes
3🙏 uGaenn ⛅Yes
4jabbeyYes
5Lex_PrimeYes
6Simply StakingAbstain
7blockscapeYes
8Citadel.oneAbstain
9DSRVAbstain
10ForboleAbstain
1101nodeAbstain
12Nodes.GuruAbstain
13CosmostationAbstain
14Shutdown - please redelegateAbstain
15天照☀Abstain
16✅ CryptoCrew Validators #IBCgangYes
17ProvalidatorAbstain
18REDELEGATE PLZYes
19Frens (🤝,🤝)Yes
20JustLuckYes
21OldcatYes
22noneAbstain
230% fees 🚀 | BlueStakeYes
24StakeLabAbstain
25Cosmos CatsYes
26Please redelegateYes
27Imperator.coAbstain
28apploadYes
29ushakovYes
30Stakin | Discontinued | RedelegateAbstain
31Stakewolle.com | Auto-compoundYes
32AutoStake 🛡️ Slash ProtectedAbstain
33GPSYes

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