Proposal Details

Proposal #159

Passed

Proposal title

Developer Royalties Update

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

94.28%

Proposal #159 description

As discussed here:

https://commonwealth.im/stargaze/discussion/9924-developer-royalties-update

Summary

This is to update the Developer Royalties distribution in order to provide a higher incentive for developers to build on Stargaze. This fee is included in the Fairburn mechanism when a developer's custom contract is utilized.

Currently:

How does Fair Burn work?

All fees received by Stargaze are 100% Fair Burned. That means when no developer royalty is present: -50% of $STARS are burned -50% STARS are returned to stakers

Developer royalties are within the first half, which means the current distribution looks like this: -10% dev royalties -40% burned -50% returned to stakers

Proposed:

When no developer royalty is present (No Change): -50% of $STARS are burned -50% of $STARS are returned to stakers

When Developer Royalties are present: -50% dev royalties -50% burned

Vote

Vote Yes: To update the Developer Royalty allocation to increase the incentive for developers to build on Stargaze.

Vote No: To keep the status quo.

Proposal #159 overview

Total votes

2,385

Voters

2,357

Total deposit

20,000 STARS

Proposal #159 votes

#	Validator	Options
1	Ubik Capital	Abstain
2	Frens (🤝,🤝)	Yes
3	Simply Staking: Deactivated	Yes
4	Chorus One	Yes
5	DSRV	Yes
6	Multiplex	Yes
7	Bloclick	Yes
8	Encapsulate (fka KingSuper)	Yes
9	IBCNFTs.com 🌈	Yes
10	dreamstaker	Yes
11	OranG3cluB	Yes
12	Bro_n_Bro	Yes
13	Allnodes	Yes
14	Andromaverse	Yes
15	NacionCrypto - Parceros	Yes
16	Notional	Yes
17	LOA Labs	Yes
18	mahof	Abstain
19	Coinage x DAIC	Yes
20	testovich	Yes
21	RHINO 🦏	Yes
22	Cypher Core	Yes
23	🦊 The Silver Fox	Yes
24	Arcpool	Yes
25	Please Redelegate	Yes
26	StakeLab.zone	Yes
27	The Cosmos Ladies	Yes
28	STAKECRAFT	Yes
29	Gelotto 🛡 Slash Protected	Yes
30	Citadel.one	Yes
31	Stakecito	Yes
32	Keplr	Yes
33	decommissioned	Yes
34	Cosmostation	Yes
35	Oni ⛩	Yes
36	[Sunsetting, please redelegate] Forbole	Abstain
37	Hathor Node	Yes
38	PUPMØS	Yes
39	Cosmos Spaces ☮️ 💜 ⚛️	Yes
40	D-Stake	Yes
41	Discontinued Validator \| Please undelegate	Yes
42	nysa.network	Yes
43	BlueStake 🚀 \| 100% insurance	Yes
44	SHUTTING DOWN - PLEASE REDELEGATE	Yes
45	[ block pane ]	Yes
46	Inter Blockchain Services	Yes
47	GraviDAO Community with Slashing Protection	Yes
48	dimi 🦙	Yes
49	CryptoCrew Validators ✅	Yes
50	rektDAO	Yes
51	AutoStake 🛡️ Slash Protected	Yes
52	Syd	Yes
53	EZ Staking	Abstain
54	Empower Validator ♻️ \| 20% to plastic waste cleanups	Yes
55	in/habitants 🌐	Yes
56	Blackhox	Yes
57	Stakewolle.com \| Auto-compound	Yes
58	Broxa ⚛️ - Ru-Speak Community / SUNREN 🌤️🐳	Yes
59	(Closing) Please redelegate	Yes
60	✪ramuchi.tech✪	Yes
61	CryptoDungeon	Yes
62	cyberG	Yes
63	Crypto Plant	Yes
64	POSTHUMAN 🧬 StakeDrop	Yes
65	web34ever	Yes
66	moonsoon	Yes
67	Shutdown \| redelegate	Abstain
68	Kalia Network	Yes
69	kingnodes 👑	Yes
70	Tuzem	Yes
71	n1stake	Yes
72	alkadeta	Yes
73	silent	Yes
74	StakerHouse	Yes
75	Imperator.co	Yes
76	Army IDs	Yes
77	polkachu.com	Yes
78	max999	Yes
79	ushakov	Abstain
80	StakeAngle	Yes

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