Proposal Details
Proposal #997
Proposal title
Update Developer Vesting Addresses
Submit time
Deposit end time
Voting start time
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Proposal #997 description
This proposal updates the mint module parameters to simplify key management and access control for vested developer funding.
Current Status
The Osmosis mint parameters direct a portion of each epoch’s provisions to unlock pre-minted developer vesting funds. These provisions are distributed across 15 addresses defined at genesis.
These allocations and weights have never been updated. Most of the original vesting agreements tied to these addresses are now obsolete, and the Osmosis Foundation has become the primary entity executing development-related funding and operational responsibilities.
Despite this, the dev vesting allocation still points at these separate addresses, which are managed through Authz, creating unnecessary complexity around:
- Key rotation
- Operational access control
- Accounting and transparency of funding flows
Proposed Change
This proposal simplifies the parameter to allocate all unlocking developer OSMO to a single multisig address controlled by the Osmosis Foundation.
This solves the main operational issues around developer vesting:
- Fragmented key management → unified control
A single address eliminates the need to maintain 15 separate keys and reduces the number of unnecessary failure points.
- Messy access control → standard multisig governance
Any signer updates or operational changes can be made directly through the Foundation multisig.
- Opaque accounting → simple, auditable flow
All vesting releases land in a single place, improving transparency for the community and internal accounting.
This is an operational and governance-hygiene change, not a change in economics. This proposal does not adjust the release rate of this OSMO; it only adjusts the target address and weighting.
Parameter Change
Key:
Current Parameter:
Proposed Parameter:
Forum Post: https://forum.osmosis.zone/t/update-developer-vesting-addresses/3924