Persistence One

Restaking

Proposal Details

Proposal #5

Passed

Proposal title

Decrease voting period for proposals

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

99.69%

Proposal #5 description

Introduction Any decisions to be taken on the Persistence chain require a proposal to be sent on-chain. This proposal decreases the voting period from 14 to 7 days.

Current situation Currently, the voting period is 14 days. This blocks implementation of proposals for 14 days, which is a long time to introduce important changes. E.g., in the case of upgrading to cosmosSDK v44 -due to 14 days of the voting period- the upgrade was on halt even after successful deployment on testnet. The idea is to have good functionalities released to the chain rather quickly.

Proposal Parameter change proposal for the Persistence chain, that will reduce the voting period from 14 to 7days.

Proposal #5 overview

Total votes
4,748
Voters
4,313
Total deposit
512 XPRT