Governance Participation

On a Proof-of-Stake network, "governance" is the process of democratically proposing and voting on changes to the network. These changes might include updates to the network software, edits to the token economics, or even spending decisions for a community treasury. Put simply: governance is one of the most important forms of engagement for a network's community.

Many of the networks we operate on (see the full list, here) offer opportunities for governance, and we strive to be active participants. To help make our governance voting record transparent and accessible, we list our voting history, beginning in August 2022, below.

February 2023

Network Proposal ID Title Our Vote Notes Full Proposal
Stargaze 123 ATOM Airdrop for COSMOS stakers No with Veto This didn't appear to be a legitimate proposal. Link
Stargaze 122 Increase Minimum Deposit for Governance Proposals Yes This was an initiative, seemingly in response to an increase in spam governance proposals, to increase the deposit requirement for submitting new proposals. We voted "Yes" in support of making governance more secure against spam. Link
Stargaze 121 Atom Airdrop ⚛️ No with Veto This didn't appear to be a legitimate proposal. Link
Stargaze 120 APTOS Airdrop for COSMOS stakers No with Veto This didn't appear to be a legitimate proposal. Link
Regen 26 Liquid Staking: Enabling ICA on Regen for Quicksilver Yes This was an initiative to enable Interchain Accounts (ICA) on Regen, paving the way for Quicksilver (a liquid staking protocol for Cosmos chains) to activate liquid staking for REGEN. We voted "Yes" here, as we're longtime supporters of both Regen and Quicksilver. Link
Osmosis 444 Composability Incentives Category Abstain This was an initiative to support composability across asset sources by implementing fixed incentives for pools trading identical assets from different sources. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Osmosis 443 Enable Superfluid Staking on OSMO/AVAX Abstain This was an initiative to enable superfluid staking—an Osmosis feature that enables staking capabilities for tokens committed to liquidity pools on the protocol—for the OSMO/AVAX (the native token of the Avalanche blockchain) pool. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Osmosis 442 Signaling Proposal - Recognise CMST as a Stablecoin asset Abstain This was an initiative to designate the stablecoin CMST as an official "stable asset" on Osmosis. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Osmosis 441 Upgrade stOSMO, stJUNO, and stSTARS Pools to Stableswap Abstain This was an initiative to update the pool type for a number of trading pairs. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Osmosis 440 Phase out incentives for BUSD Abstain Following Prop 403, which recognized BUSD (a stablecoin from Binance) as an official "Stable Asset" on Osmosis, this was an initiative to reverse course, in a sense, by phasing out incentives for the asset. This came following a recent update from the issuer of BUSD that it would no longer issue the asset. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Osmosis 439 Regular Incentive adjustment for 2023-02-20 Yes This was, simply, the latest regular, recurring set of adjustments to various pool incentives (see the proposal link for more details). Link
Osmosis 438 Osmosis Proposal Standards Yes This was a proposal to build off Prop 199 and ratify more formal standards for submitting governance proposals on the Osmosis governance forum. We voted "Yes" in favor of making of governance more accessible, inclusive, and effective. Link
Osmosis 437 Babylon signalling and phase1 Integration Abstain This was an initiative to integrate Osmosis with Babylon, a project seeking to allow Proof-of-Stake networks to integrate with security from the Bitcoin network. You can see the full discussion for this proposal, here. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Cosmos Hub 101 Aid Proposal for Earthquake Survivors in Türkiye Yes This was an initiative, from one of the members of the Cosmos Hub mult-sig, to authorize the usage of 20,000 ATOMs from the multi-sig for donation to a Turkish humanitarian organization, following the recent deadly earthquakes that affected parts of the country. We voted in support as part of our longstanding commitment to activating the crypto community for broader humanitarian efforts (such as with our support of Everstake's Ukraine aid program and Polygon's COVID aid program in India). Link
Cosmos Hub 99 Censure allnodes for insecure VaaS practices Yes This was an initiaive to formally censure a provider of a "Validator as a Service" offering for the Cosmos that proved to be insecure. We voted "Yes" in recognition of the importance of establishing communtiy standards around how delegations, and security more broader, are handled in the Cosmos. Link
Stargaze 119 Stargaze 2.0 - VOTE YES ✅ No with Veto This didn't appear to be a legitimate proposal. Link
Stargaze 118 APTOS Airdrop for COSMOS stakers No with Veto This didn't appear to be a legitimate proposal. Link
Stargaze 117 Stargaze Airdrop ✅ No with Veto This didn't appear to be a legitimate proposal. Link
Regen 25 Allocate the missing REGEN for City Forest credits offset Abstain This was a proposal to rectify a calculation error in purchasing the City Forest Credits referenced in Prop 21. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Cosmos Hub 97 v8-Rho Abstain This was a proposal to auhorize the transition to the latest major chain upgrade, v8 "Rho," which would introduce bug fixes, among other features. You can see the full details Of the upgrade, here. Like with some other significant updates, we abstained conscientiously here due to being unable to fully audit the code. Link
Cosmos Hub 96 Update the Impacthub-3 client with Ixo-4 client to recover channel between Cosmos and Ixo Abstain This was an initiative to reconnect the Hub with the Ixo blockchain. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Osmosis 422 Update IBC Client for Cerberus - 2nd time Abstain Following Prop 357, this was an initiative to, for a second time, attempt to reconnect to the Cerberus chain, which had previously halted. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Juno 141 Protocol Owned Liquidity proposal on WYND DEX Abstain This was an initative to authorize the usage of 166,000 JUNO from the Community Pool to add to the JUNO/WYND Community pool. See Osmosis Prop 420 for related details from that protocol. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Akash 52 Community Funding request for Luna part #2 Abstain This was an initiative to authorize usage of 35,000 AKT from the Community Wallet to fund the work of Luna, a development contributor to the Akash ecosystem. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Regen 24 /regen.ecocredit.marketplace.v1.MsgRemoveAllowedDenom Abstain We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Regen 23 Proceed with City Forest Credits Offset Abstain Following the passage of Prop 21, which authorized the purchase of two types of eco-credits to offset Regen's historical carbon footprint—"NCT Credits" and "City Forest Credits"—this was a proposal to move forward with purchasing the City Forest Credits separately from the NCT Credits, due to a delay in moving forward with the NCT Credits. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Osmosis 421 ProtoRev Revenue Allocation Abstain This was an initiative to divert the revenue captured by Osmosis's new "ProtoRev Module" into a address that would hold the funds through at least June 1st, 2023 in order to allow time for the Osmosis community to research possible uses for the funds. You can learn more about the "ProtoRev Module," and this initiative, at the governance discussion, here. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Osmosis 420 OSMO/WYND Token Swap for Protocol Liquidity Abstain This was a proposal to authorize the usage of 52,000 OSMO from the Community Pool to bootstrap liquidity for the OSMO/WYND (the native token of the WYND DAO, a multiprotocol DAO focused on enviornmental work) pool. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Osmosis 419 Enable Superfluid Staking on OSMO/STRD Abstain This was an initiative to enable superfluid staking—an Osmosis feature that enables staking capabilities for tokens committed to liquidity pools on the protocol—for the OSMO/STRD (the native token of the Stride protocol, a liquid staking solution for the Cosmos) pool. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Juno 125 Fair and Equitable Distribution of Remaining Funds (corrected) Abstain This was a proposal to redistribute an inactive pool of funds that remained from an earlier liquidity bootstrapping initiative. You can see the full community discussion here. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Juno 124 Fair and Equitable Distribution of Remaining Funds No This was an erroneoues proposal replaced by Prop 125. Link
Osmosis 418 Update Shentu IBC Client on Osmosis Abstain This was an initiative to update the connection between Osmsos and Shentu following an upgrade to Shentu's chain. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Osmosis 416 Regular Incentive adjustment for 2023-01-30 Yes This was, simply, the latest regular, recurring set of adjustments to various pool incentives (see the proposal link for more details). Link
Osmosis 415 Bootstrapping liquidity for Mars Protocol through Spend of Redirected Incentives Abstain This was an initiative to authorize the use of Community Pool funds to pay for "bootstrapping" incentives to provide liquidity on Osmosis's Mars Protocol. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Osmosis 414 Allow Mars Outpost Contracts to be Uploaded to Osmosis Abstain This was an initiative to give an address related to the Mars Protocol, and controlled by Delphi Labs, the ability to upload smart contracts to Osmosis directly, without waiting for governance approval from the Osmosis community for each upload. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Osmosis 412 Update the Impacthub-3 client with Ixo-4 client to recover channel between Osmosis and Ixo Abstain This was an initiative to reconnect Osmosis with the Ixo blockchain. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link

January 2023

Network Proposal ID Title Our Vote Notes Full Proposal
Osmosis 405 Enable Superfluid Staking on OSMO/WBNB Abstain This was an initiative to enable superfluid staking—an Osmosis feature that enables staking capabilities for tokens committed to liquidity pools on the protocol—for the OSMO/WBNB (A wrapped version of Binance's BNB token) pool. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Osmosis 404 Incentivise Core StableSwap pool: USDC/USDT/BUSD Abstain This was an initiative to include the USDC/USDT/BUSD in the set of pools that receive OSMO liquidity incentives. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Osmosis 403 Recognise BUSD as a Stablecoin asset Abstain This was an initiative to recognize BUSD, the dollar-denominated stablecoin from Binance, as an official stable asset on Osmosis. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Osmosis 402 Recognise USDT as a Stablecoin asset Abstain This was an initiative to officially recognize whichever USDT is the canonical version of the asset On Osmosis (currently, it's via the Axelar bridge). We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Osmosis 401 Osmosis v14 Neon Upgrade Abstain This was an initiative to authorize the next major upgrade for the chain, v14, which would introduce, among other features, Geometric Time Weighted Average Price (TWAP), a new price oracle for the protocol. Like with some other significant updates, we abstained conscientiously here due to being unable to fully audit the code. You can see the full details of the new features in the upgrade, here. Link
Osmosis 400 Phase out 1 and 7 day liquidity bonds Abstain This was an initiative to phase out the availability of a lesser-used feature on Osmosis. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Osmosis 399 Regular Incentive adjustment for 2023-01-16 Yes This was, simply, the latest regular, recurring set of adjustments to various pool incentives (see the proposal link for more details). Link
Osmosis 398 Enable Superfluid Staking on OSMO/WMATIC Abstain This was an initiative to enable superfluid staking—an Osmosis feature that enables staking capabilities for tokens committed to liquidity pools on the protocol—for the OSMO/WMATIC (A wrapped version of Polygon's MATIC token) pool. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Osmosis 397 Phase out Incentives for EEUR Abstain This was an intitiative to end Osmosis incentives for EEUR, after the team maintaing the stablecoin announced plans to cease issuing new tokens. We chose to abstain conscientiously here as we were unable to fully investigate the details of the proposal during the voting period. Link
Cosmos Hub 94 Fund Incentives for the Interchain NFTs Public Incentivized Testnets of Game of NFTs Yes This was an initiative to authorize funding for incentives for participants in the ucpoming "Game of NFTs" testnet. Previous Cosmos testnets like "Game of Stakes" and "Game of Chains" have helped to set the standard for successful incentivized testnets, and we voted in favor here to support this next effort. You can learn more about experience with Earlier testnets, here. Link
Cosmos Hub 93 Cosmos Hub Open Source Funding Policy Yes This was an initiative to make open-source a requirement in community funding decisions. We voted in favor as part of our longstanding commitment to Open-source priniciples. This vote helps to reinforce that commitment in the Cosmos, alongside our other open-source efforts, which you can learn more about at our Community Resources page. Link
Juno 84 CORRECTED: Make JUNO Carbon Neutral by Purchasing Eco-Credits Yes This was an initiative, similar to Agoric prop 21 below, to offset the emissions generated by running the Juno network by purchasing eco credits. We voted in favor here as well. Link
Juno 83 Make JUNO Carbon Neutral by Purchasing Eco-Credits No This proposal was ultimately replaced by Juno Prop 85 above. Link
Regen 22 Regen Ledger v5.0 Upgrade Abstain This was a proposal to auhorize the transition to the latest major chain upgrade, v5.0, which would introduce, among other new features, Interchain Accounts (ICA) and DAO support via Group Accounts. You can see the full details Of the upgrade, here. Like with some other significant updates, we abstained conscientiously here due to being unable to fully audit the code. Link
Stargaze 104 Incentivize STARS/USK farm on BOW for 3 months. Abstain This was an initiative to authorize the usage of funds to fill out a liquidity pool on BOW, an automated market maker (AMM) on BOW, a decentralized exchange (DEX) on the Kujira blockchain. We chose to absitain conscientiously here due to bandwidth contraints in fully understanding the details of the protocols and mechanism involved. You can see the full discussion on the governance forum, here. Link
Agoric 21 Agoric Cosmos Zero: Offset Agoric Validator Set Signaling proposal Yes This was an initiative to use funds from the Agoric Community Pool to purchase eco credits—via fellow Cosmos networks Osmosis and Regen—to offset the emissions generated by the Agoric validator set. We voted in favor to support both the interchain cooperation (run validators on Osmosis and Regen), and the environmental service of the eco credits. Link
Osmosis 395 Regular Incentive adjustment for 2023-01-02 Yes This was, simply, the latest regular, recurring set of adjustments to various pool incentives (see the proposal link for more details). Link

December 2022

Network Proposal ID Title Our Vote Notes Full Proposal
Osmosis 390 Reduce incentives on established Major and Stable category pools Abstain This was an initiative to reduce inflation on the protocol by reducing the amount of OSMO diverted to incentivize various liquidity pools. We abstained conscientiously here due to a lack of bandwidth in investigating the full consequences of the proposal. Link
Osmosis 389 Remove Non-OSMO pool incentives Abstain This was an initiative to remove incentives for liquity pools that don't use OSMO as part of their token pairing. We abstained conscientiously here due to bandwidth constraint in understanding the full details of the changes. Link
Osmosis 388 Community consent Cosmos Pay supporting OSMO Abstain This was an initiative—like Juno Prop 72, below—to signal support for the inclusion of OSMO as a payment option in a Cosmos-connected ecommerce payment tool (about which you can learn more in the full proposal). We abstained conscientiously due to bandwidth constraints in fully understanding the details of the proposal. Link
Juno 77 Launch Sauce SubDAO Abstain This was an initiative to authorize the creation and funding of a subDAO, open for membership to the Juno community, responsible for memes and engagment as a kind of Wario to the Communications subDAO's Mario. Per the proposal: "If the communication subDAO is polite and neutral, the Juno Sauce subDAO aims to be loud and capture the attention of Crypto Twitter." We abstained conscientiously as we didn't fully understand the details of the proposed subDAO. Link
Juno 72 Community consent Cosmos Pay supporting JUNO Abstain This was an initiative to signal support for the inclusion of JUNO as a payment option in a Cosmos-connected ecommerce payment tool (about which you can learn more in the full proposal). We abstained conscientiously due to bandwidth constraints in fully understanding the details of the proposal. Link
Cosmos Hub 90 Community Health research, analytics, and benchmarking Abstain This was an initiative to provide funding for a research project around "community health" data in the Cosmos. We voted to "abstain" here, as we felt that the proposal was a bit too abstract in terms of the details of the project; however, we remain interested in future research projects with clearer objectives. Link
Cosmos Hub 89 Cosmos Ecosystem News Videos Yes This was an initiative to provide funding for our fellow validator operator, Cosmic Validator, to produce videos sharing news and updates from around the Cosmos ecosystem. We voted in support as part of our long-standing commitment to supporting making educational resources more accessible for more audiences. Link
Juno 68 Enable Global Fees on Juno Abstain This was an initiative to enable protocol-level global fees. We abstained conscientiously due to bandwidth constraints in fully understanding the details of the proposal. Link
Osmosis 386 WMATIC bootstrapping liquidity incentives Abstain See Prop 384, below. Link
Osmosis 385 Add WMATIC to the list of Major category assets Abstain See Prop 384, below. Link
Osmosis 384 Signalling Proposal for OSMO/WMATIC(#789) incentivised pool Abstain This was a proposal, related to Props 385 and 386 above, to signal support for adding WMATIC, a wrapped version of Polygon's MATIC token, to the set of assets that receive special liquidty incentives on Osmosis. This would be a sign of the strategic importance of Polygon to Osmosis, and the Cosmos. We abstained conscientiously here as we didn't know enough about the details of the WMATIC implementation. Link
Osmosis 383 Upload ICNS Contracts: Registrar Contract, Part 3 No See Prop 381, below. Link
Osmosis 382 Upload ICNS Contracts: Resolver Contract, Part 2 No See Prop 381, below. Link
Osmosis 381 Upload ICNS Contracts: Name-nft Contract, Part 1 No This was an initiative to move forward with the integration of ICNS, the Interchain Nameservice, a resouce allowing for custom names to direct to blockchain addresses. Given our experience with nameservices (our founder, Chris Remus, was an early contributor to the Ethereum Nameservice [ENS], the leading blockchain nameservice), we're intimately familiar with just how complex these resources are to implement. We voted "no" here as we felt that this proposal was too large, and left too many details open, to fit into a binary "yes/no" decision. That said, we support the idea of a nameservice and look forward to continued discourse. Link
Juno 67 Increase Community Tax Yes This was an initiative to increase the Juno Community Pool's allocation of future JUNO tokens generated by inflation on the protocol. We voted ""yes"" here, as the Community Pool plays an important, democratic role in supporting development and growth on the network, and the proposed change in allocation seemed reasonable. Link
Osmosis 379 Regular Incentive adjustment for 2022-12-12 Yes This was, simply, the latest regular, recurring set of adjustments to various pool incentives (see the proposal link for more details). Link
Osmosis 378 Osmosis Support Lab Funding Round December 2022 - February 2023 Yes Like Osmosis Prop 324 (see below), this was an initiative to approve the next round of funding for the "Osmosis Support Lab," the community-based user-support function for Osmosis. You can learn more about the Lab, here. We voted, again, to support the helpful work the Lab does for the community. Link
Stargaze 100 Stargaze v8 upgrade Abstain This was an initiative to move forward with the latest major chain upgrade. Like with some other significant updates, we abstained conscientiously here due to being unable to fully audit the code. Link
Stargaze 99 Stargaze Names: Name Marketplace Contract v1.1.1 Abstain See Props 96 and 82, below. Link
Stargaze 98 Stargaze Names: Name Minter Contract v1.1.1 Abstain See Props 96 and 82, below. Link
Stargaze 97 Stargaze Names: Name Collection Contract v1.1.1 Abstain See Props 96 and 82, below. Link
Stargaze 96 Stargaze Names: Updatable Whitelist Contract v1.1.1 Abstain This was another initative related to features for the Stargaze Nameservice. See our thoughts on the related Prop 82, below. Link
Juno 64 Juno Open Source Funding Policy Yes This was an initiative to require new development projects to make their code open-source in order to be eligible for community funding. We've been committed to open-source principles since our founding, and his vote helps to reinforce that commitment on Juno, alongside our other open-source efforts, which you can learn more about at our Community Resources page. Link
Juno 63 Formalise usage of Commonwealth for governance Yes This was an initiative to formalize the requirement that new governance proposals must first be posted on Juno's community discussion forum, Commonwealth, before being put up for an official on-chain vote. We voted "yes" here in support of making governance more consistent and effective. Link
Osmosis 372 Match External Incentives to extended STARS/OSMO and ATOM/STARS pairs Yes This was a vote to signal support for increased incentives for the liqudity pools for OSMO and STARS, and ATOM and STARS. STARS are the native tokens of the Stargaze NFT protocol, and ATOMs are, of course, the native tokens of the Cosmos Hub protocol. As long-standing supporters of all three of these networks, we voted in favor of this proposal. Link
Osmosis 370 Osmosis v13 Fluorine upgrade proposal Abstain This was an initiative to move forward with the latest major chain upgrade. Like with some other significant updates, we abstained conscientiously here due to being unable to fully audit the code. Link
Stargaze 91 Marketplace v1.2 Migration Abstain See Prop 89, below. Link

November 2022

Network Proposal ID Title Our Vote Notes Full Proposal
Juno 55 Launch Communications SubDAO Yes This was an initative to authorize the creation and funding of the comunications subDAO, open for membership to the Juno community, responsible for managing community- and awareness-focused initiatives for the protocol. While we found this proposal to be somewhat jam-packed, we voted in favor as the subDAO would meet a real need, and the overall budget seemed reasonable. Link
Stargaze 89 Marketplace: Marketplace Contract v1.2.0 Abstain This was an initiative to move forward with the latest update to Stargaze's marketplace contract. Like with some other fundamental updates, we abstained conscientiously here due to bandwidth constrains in fully investigating the consequences of the proposed changes. Link
Stargaze 88 Splits Contract v0.21.1 Abstain This was an initiative to upload a new smart contract on the back of the cw4-group contract referenced in Prop 87. Again, we abstained conscientiously. Link
Stargaze 87 CosmWasm cw4-group Contract v0.16.0 Abstain This was an initiative to upload a new CosmWasm smart contract for creating new types of member groups. We abstained conscientiously here due to bandwidth constrains in understanding the full details of the contract. Link
Osmosis 367 Revive IBC Client to Dig Abstain This was an initiative to fix the IBC connection between Osmosis and the Dig blockchain. We abstained conscientiously due bandwidth contraints in understanding the full details of the proposal. Link
Osmosis 366 Regular Incentive adjustment for 2022-11-21 Yes This was, simply, the latest regular, recurring set of adjustments to various pool incentives (see the proposal link for more details). Link
Stargaze 85 Stargaze Names: Updatable Whitelist Contract v0.20.0 Abstain See Prop 82, below. Link
Stargaze 84 Stargaze Names: Name Collection Contract v0.20.0 Abstain See Prop 82, below. Link
Stargaze 83 Stargaze Names: Name Minter Contract v0.20.0 Abstain See Prop 82, below. Link
Stargaze 82 Stargaze Names: Name Marketplace Contract v0.20.0 Abstain This was an initiative to move forward with the marketplace contract for Stargaze Names, a nameservice on the protocol. Given our experience with nameservices (our founder, Chris Remus, was an early contributor to the Ethereum Nameservice [ENS], the leading blockchain nameservice), we're intimately familiar with just how complex these resources are to implement. We voted to abstain conscientiously here due to bandwidth constraints in vetting the contract. Link
Stargaze 81 Fund Deployment of Lunar Assistant Abstain This was an initiative to fund the deployment of Lunar Assistant, an application for enabling token-permissioned features off-chain (such as, for example, on Discord). We abstained conscientiously due to bandwidth constraints in understanding the full details of the implementation. Link
Cosmos Hub 86 ATOM2.0 will split the community in half No This was a vote to signal support for, or opposition to, the general sentiment that ATOM 2.0 was divisive, perhaps damagingly so, for the Cosmos Hub community. We voted "no" as the point of this initiative was unclear. Link
Osmosis 365 Signaling Proposal for IST/OSMO External Incentive Match Abstain This was a vote to signal support for increased OSMO incentives for the liqudity pool for OSMO and IST, the new Cosmos stablecoin from the Agoric protocol. We abstained conscientiously. Link
Osmosis 364 Further Reduction of Liquidity Emissions Abstain This was an initiative to divert some of the OSMO tokens generated by the protocol's fixed inflation process away from liquidty pool incentives and toward the network's community pool (its community chest). We abstained conscientiously due to bandwidth constraints in considering the full details of the proposed changes. Link
Osmosis 363 Regular Incentive adjustment for 2022-11-14 Yes This was, simply, the latest regular, recurring set of adjustments to various pool incentives (see the proposal link for more details). Link
Osmosis 362 Osmosis Grants Program (OGP) Renewal No This was an initiative to renew the funding for the Osmosis Grants Program (OGP) for the next year. We voted "no" here, as we felt the cost ($55,000 in USDC + 25,000 OSMO per month, for 12 months) was prohibitively high. Link
Cosmos Hub 83 Atom One Constitution (sentiment proposal) No This was an initiative to proceed with formalizing the details of the "Atom One Constitution," another alternative framework for the future of the Cosmos Hub. We, again, voted "no" here as we felt that the scope of this proposal exceeded a simple "yes/no" choice. As with the other frameworks outlined in earlier proposals, we look forward to the continued community discussion around next steps for the Hub's roadmap. Link
Cosmos Hub 82 ATOM 2.0: A new vision for Cosmos Hub No This was the formal vote to adopt the wide-reaching ATOM 2.0 framework. We voted "no," as we felt that this proposal was simply too large, and too complex for a binary "yes/no" choice. That said, we felt inspired by the engaged, ad more nuanced, discussions that the community held in the period leading up to this final vote. Link
Cosmos Hub 81 Atom Zero Constitution No This was an initiative to adopt a set of guidelines coined "Atom Zero," proposed as an alternative to the wide-reaching framework outlined in ATOM 2.0. We voted "no" here as we found the decisions made in this proposal, like other pieces of the ATOM 2.0 discourse, to exceed the scope of a simple "yes/no" choice. Link
Osmosis 357 Update IBC Client for Cerberus Abstain This was an initiative to fix the IBC connection between Osmosis and the Cerberus blockchain. We abstained conscientiously due bandwidth contraints in understanding the full details of the proposal. Link
Osmosis 356 Regular Incentive adjustment for 2022-11-07 Yes This was, simply, the latest regular, recurring set of adjustments to various pool incentives (see the proposal link for more details). Link
Stargaze 77 Badges v1.1 Update Yes This was an initiative to update Badges, a POAP-like resource on Stargaze. We voted in favor as the proposed changes seemed logical and well-considered. Link
Juno 51 Implement a fee-sharing mechanism Yes This was an initiative to implement a protocol-level fee-sharing mechanism on Juno, whereby a portion of the fees generated by a smart contract transaction would, now, go to the developer of the contract. We voted "yes" here in support of the mechanism as an incentive for independent developers to build sustainably on Juno. Link
Juno 50 Launch Delegations SubDAO Yes This was an initiative to authorize the creation and funding of a subDAO, open for membership to the Juno community, responsible for deciding where to make delegations from the Juno Core Developer Fund. We voted "yes" here to support this subDAO as a new resource for helping to keep stake decentralized on Juno; our hope is that, by making delegations from this community fund a more democratic process, this initiative will distribute stake more equitably to smaller, high-performing validator operators. Link
Stargaze 75 Deploy the Stargaze Multi Snapshot Contract Abstain This was an initiative to improve the efficiency of snapshotting on the network by introducing an improved snapshot contract. We abstained conscientiously due to bandwidth constraints in understanding the full details of the implementation. Link
Cosmos Hub 80 Risk and financial analysis of ATOM2.0 No This was a vote to, presumably, signal general support for a series of analyses around the impact of the ATOM 2.0 initiative. We voted "no" here, as we found the narrative of these analyses unclear. Link
Cosmos Hub 79 Adan: non-profit fighting for sound crypto regulation Yes This was an initiative to provide funding for the group Adan (a Europe-based "non-profit trade organization representing the crypto-asset industry") to hire a European Affairs Officer, in support of their educational efforts in the European Union. We voted in favor as part of our long-standing commitment to educational resources that make blockchain infrastructure more accessible to more audiences. Link
Osmosis 355 Enable Superfluid Staking on OSMO/AXL Abstain This was an initiative to enable superfluid staking—an Osmosis feature that enables staking capabilities for tokens committed to liquidity pools on the protocol—for the OSMO/AXL pool. We chose to abstain conscientiously here, as we weren't familiar enough with AXL and its respective protocol, Axelar. Link
Osmosis 354 Implement A Minimum Gas Price of 0.0025 uOSMO on Osmosis Yes This was an initiative to enforce a (small) minimum transaction fee on the protocol in an effort to disincentivize spam and Distributed Denial of Service (DDoS) attacks that could otherwise leverage no-fee transactions. We voted in favor as we believe protections against these attacks is a necessity. That these fees can now be paid in non-OSMO tokens (such as ATOM) makes this proposal even more reasonable. Link
Osmosis 353 Regular Incentive adjustment for 2022-10-31 Yes This was, simply, the latest regular, recurring set of adjustments to various pool incentives (see the proposal link for more details). Link

October 2022

Network Proposal ID Title Our Vote Notes Full Proposal
Stargaze 72 Deprecate Launchpad v1 Contracts Yes Following the introduction of Stargaze's Launchpad v2 contracts in the earlier Props 62, 63, and 66, this was an initiative to deprecate the now-obselete Launchpad v1 contracts. You can see a more detailed breakdown of the changes, in the Commonwealth discussion thread. Link
Osmosis 351 Regular Incentive adjustment for 2022-10-24 Yes This was, simply, the latest regular, recurring set of adjustments to various pool incentives (see the proposal link for more details). Link
Juno 47 Juno v11 Upgrade Abstain This was an initiative to move forward with the latest major chain upgrade. Like with some other significant updates, we abstained conscientiously here due to being unable to fully audit the code. Link
Agoric 16 Upgrade to agoric-upgrade-8 Abstain This was an initiative to move forward with the latest major chain upgrade. Like with other significant updates, we abstained conscientiously here due to being unable to fully audit the code. We would have preferred to have seen a clearer breakdown of the new features proposed in the release, and a longer "burn-in" period for the feature set on the testnet to allow for more thorough testing. Link
Cosmos Hub 78 Letter from many Cosmos maximalists to the hub Abstain This was a vote to signal support for, or opposition to, the proposed changes in the “ATOM 2.0” whitepaper. We voted to “abstain” here, as the changes proposed in the whitepaper are significant, and it’s important that the Cosmos community continues to have a thoughtful and informed dialogue around the future of the ATOM and the hub. While we’re encouraged by seeing members of the community engage critically with “ATOM 2.0,” we felt that the discussion was simply too complicated and nuanced to fit into the binary voting options outlined in Prop 78. Link
Osmosis 350 Match External Incentives for GRAV incentivised pairs Abstain This was an initiative to authorize OSMO liquidty incentives for GRAV, the native token of Graviton, a Cosmos liquidity solution. We abstained conscientiously here due to bandwidth constraints in fully understanding the mechanics of Grav and Graviton. You can learn more at Graviton's website. Link
Osmosis 349 Remove Incentives from OSMO/ROWAN (#629) Abstain This was an initiative to remove OSMO liquidty incentives for ROWAN, the native token of Sifchain, a pan-Cosmos Decentralized Exchange (DEX). We abstained conscientiously here due to bandwidth constraints in fully understanding the mechanics of ROWAN and Sifchain. You can learn more at Sifchain's website. Link
Osmosis 348 Regular Incentive adjustment for 2022-10-17 Yes This was, simply, the latest regular, recurring set of adjustments to various pool incentives (see the proposal link for more details). Link
Cosmos Hub 77 Fund incentives for the Interchain Security Incentivized testnet – Game of Chains – from the Community Pool Yes This was an initiative to use ATOM community pool resources to fund the upcoming Game of Chains incentivized testnet for Interchain Security (ICS). This testnet will serve as the final major exercise for infrastructure providers to prepare for the launch of ICS, a Cosmos feature that will allow new chains to launch secured by the validator set of an existing chain, such as the Cosmos Hub. We voted in favor as we're big believers in the importance of battle testing major features through rigorous testnets; in fact, we've been in supporting Cosmos Hub testnets since the original Game of Stakes. Link
Stargaze 66 Launchpad v2 - Vending Factory Abstain See Prop 62, below. Link
Stargaze 63 Launchpad v2 - Vending Minter Abstain See Prop 62, below.
Stargaze 62 Launchpad v2 - NFT Contract Abstain This was an initiative to update Stargaze's Launchpad tool set. Like with some other significant updates, we abstained conscientiously here due to bandwidth constrains in fully investigating the consequences of the proposed changes. Link
Stargaze 59 Raise voting deposit requirement in STARS to 50K Yes This was an initiative to discourage governance proposals "without serious intent" by increasing the cost of making proposals. We voted in favor with the intention of reducing spam and raising the quality of governance efforts. Link
Stargaze 58 Ethereum Onboarding Platform Abstain This was a related initiative to Prop 57 (see below). We chose to abstain conscientiously here as well. Link
Stargaze 57 Levana Rekt Dragons Aidrop [sic] Proposal Abstain This was an initiative to incentivize Ethereum NFT communities to migrate to Stargaze. We abstained conscientiously due to a lack of clarity around the team and details behind the proposal. Link
Osmosis 345 Signaling Proposal for STRD/OSMO (#806) Incentivised Pool Abstain Stride is a Liquid Staking solution for the Cosmos. This proposal was an initiative to help bootstrap liquidity for the protocol's native token, STRD, on Osmosis. You can learn more about Stride, and the details of this incentivized pool, in the detailed discussion thread, here. We abstained conscientiously due to bandwidth constraints. Link
Osmosis 344 Regular Incentive adjustment for 2022-10-10 Yes This was, simply, the latest regular, recurring set of adjustments to various pool incentives (see the proposal link for more details). Link
Osmosis 343 Upload Autonomy Network Stops/Limits Wrapper Contract Abstain This was a complementary proposal to Prop 342; see below for more details. Link
Osmosis 342 Upload Autonomy Network Regsitry [sic] Stake Contract Abstain Autonomy is a project that seeks to bring additional trading marketplace features to Osmosis. We voted to to abstain conscientiously here due to being unable to fully understand the project or audit the code during the voting period. Link
Osmosis 341 Signaling Proposal for Skip to Develop the ProtoRev Module Yes This was an initiative to authorize and fund the Skip team to develop an MEV (maximum extractable value) module, some of the revenue from which would be captured on-chain. You can learn more about MEV, and the specific mechanisms for Skip's module, in ther detailed discussion thread, here. We voted in favor of this proposal with the intent to help create a more even playing field for users and validators of all sizes by democratizing access to MEV tools, which, today, are often exploited by larger players across crypto. Link
Regen 19 Regen Ledger v4.1 Upgrade Abstain This was an initiative to move forward with the latest major chain upgrade. Like with other significant updates, we abstained conscientiously here due to being unable to fully audit the code. Link
Osmosis 340 "Regular Incentive adjustment for 2022-10-03" Yes This was, simply, the latest regular, recurring set of adjustments to various pool incentives (see the proposal link for more details). Link
Osmosis 339 Upload Apollo Liquid Staking Contract Abstain This proposal would lay the foundation for Apollo DAO's liquid staking implementation on Osmosis. We abstained conscientiously due to being unable to ourselves fully audit the code for the contract. Link
Osmosis 337 Increase the Osmosis Active Validator Set to 150 Validators (from 135) Yes This was an initiative to, like the name suggests, increase the size of the active validator set. As we track on Nakaflow.io, Osmosis's Nakamoto Coefficient has held steady around 6-7 for some time. We voted in support of this proposal to help create new opportunities for smaller, independent validators and support decentralization on the network. Link

September 2022

Network Proposal ID Title Our Vote Notes Full Proposal
Juno 40 Juno V10 Upgrade Abstain This was an initiative to authorize the next major chain upgrade, V10, an update that—in addition to bug fixes and other smaller changes—would change the rules by which new JUNO tokens are minted. You can learn more about the discourse that led to these changes, here. As with other major network changes, we abstained conscientiously due to being unable to fully audit the code. Link
Osmosis 332 Proposal for Loan Swap of OSMO to Axelar Abstain Axelar (https://axelar.network) is a cross-chain communication protocol. This was an initiative to bootstrap liquidity fo Axelar's native token, AXL, on Osmosis via an OSMO loan that would be repaid in AXL. We abstained conscientiously here due to bandwidth constraints. Link
Osmosis 331 "Regular Incentive adjustment for 2022-09-19" Abstain While we typically vote in favor of these regular adjustments, we abstained conscientiously due to bandwidth constraints in this voting period. Link
Osmosis 330 Proposal for Community Enabled Analytics Program - Flipside Crypto Yes Flipside has been working with Osmosis Labs over the past few months to manage programs that make Osmosis data more accessible to users and developers. We voted to support their ongoing efforts to make Osmosis more transparent. You can learn more in the much more detailed Commonwealth discussion, here. Link
Stargaze 54 Pegasus P2P NFT trading contract Abstain Pegasus is a smart contract that allows for direct Peer-2-Peer NFT transfers on Stargaze. We abstained conscientiously here due to being unable to fully audit the contract code. Link
Stargaze 53 Badges - NFT contract Abstain Badges describes itself as a POAP-like protocol for documenting participation. We abstained conscientiously here, again, due to being unable to fully audit the code during the voting period. Link
Regen 18 Add e-Money EEUR to marketplace allow list Abstain This was an initiative from e-money to add eEUR, a new asset-backed stablecoin, to the Regen Ecocredit Marketplace "allow list." While we've respected the e-Money team's work in the cosmos since our early days in the ecosystem, we chose to abstain conscientiously here due to not being familiar enough with the proposed stablecoin mechanism. You can learn more at the Regen Governance Forum discussion, here. Link
Stargaze 51 Marketplace v1.1 Migration Abstain Like Props 40 and 41 (details below), this was an initiative to upgrade the network's software to a new version. Like with Props 40 and 41, we chose to abstain conscientiously here due to being unable to fully audit the code during the voting period. Link
Stargaze 50 Increase the Stargaze active validator set from 120 to 130 Yes As the title suggests, this was an initiative to increase the number of spots for active Stargaze validators from 120 to 130. We voted in favor here to support decentralization by creating opportunities for more, smaller, independent validators to join in securing the network. Link
Stargaze 49 Imago - Finalizer Contract Abstain Following Props 47 and 48 (details below), this was an initiative to launch the finalizer contract for Imago. See the details for Prop 47 for more. Link
Stargaze 48 Imago - Minter Contract Abstain Following Prop 47 (details below), this was an initiative to launch the minter contract for Imago. See the details for Prop 47 for more. Link
Stargaze 47 Imago - SG721 Contract Abstain This was an initiative to launch the contract code for Imago, a tool that creates generative art using on-chain data. You can learn more at the Stargaze Governance Forum, here. Link
Stargaze 46 Marketplace Contract v1.1 Abstain Like in some other cases of major chain upgrades, we abstained conscientiously here due ot being unable to fully audit the code during the voting period. Link
Agoric 15 Establishing the Economic Committee and electing the initial Economic Committee members Abstain This was an initiative to shape up the initial version of a body responsible for actively monitoring Inter Protocol, a Defi Protocol and associated "stable token" (called "IST") to be run on Agoric. We chose to abstain here for two main reasons: first, we felt generally that a decision this important merits a longer, deeper discussion than what was available during this voting period. Second, we felt like this would be better presented as two separate proposals—one to consider the details of the Economic Committee itself, and another to consider potential members for that Committee. You can see our comments in the discussion on the Agoric Governance Forum, here. Link
Osmosis 328 Regular Incentive adjustment for 2022-09-12 Yes This was the latest in a series of regular, recurring proposals to make adjustments to various pool incentives (see the proposal link for more details). Link
Osmosis 327 Regular Incentive adjustment for 2022-09-05 Yes This was the latest in a series of regular, recurring proposals to make adjustments to various pool incentives (see the proposal link for more details). Link
Osmosis 326 Signalling Proposal for OSMO/BLD pool (#795) incentivised pool Yes This was a proposal to signal support for adding BLD, the native token of the Agoric network, to the set of assets that receive special liquidty incentives on Osmosis. This would be a sign of the strategic importance of Agoric to Osmosis, and the Cosmos. We voted in support of this measure, and are active supporters of Agoric; you can find our validator for the network here. Link
Cosmos Hub 76 Require a minimum 5% commission for all validator nodes Yes This was an initiative to require all validator operators to set a minimum commission of 5%. Historically, the minimum commissiion has been set to 0%. This was set in the spirit of a "free-market" approach, but it meant that larger validators (e.g. those with more capital backing) could attract delegators by charging a lower commission than smaller validators, whose primary income may be from the commissions they charge. While we believe there's further discussion to be had around the best way to set these commissions, we voted in favor of the proposal as a first step towards enforcing greater support the smaller, independent validators that make the Cosmos ecosystem what it is. You can see our full comments on the Cosmos Hub Forum, here. Link
Regen 16 Adding Axelar USDC as a marketplace currency No This was an initiative to introduce the USDC stablecoin via the Osmosis-bridged Axelar. Due to errors discovered in this version of the proposal, it will be resubmitted as a new one. Link
Regen 15 Add Gravity USDC to Regen Marketplace Currency Allow List Abstain This was an initiative to introduce the USDC stablecoin via the Gravity Bridge to Ethereum. While we appreciated the thoughtful discourse around the proposal, we abstained conscientiously due to a number of open questions around bridge security and sustainability. You can see our full comments in the Regen Governance Forum, here. Link
Osmosis 325 Regular Incentive adjustment for 2022-08-29 Yes This was the latest in a series of regular, recurring proposals to make adjustments to various pool incentives (see the proposal link for more details). Link
Osmosis 324 Osmosis Support Lab Funding Round September - November 2022 Yes This was an initiative to approve the next round of funding for the "Osmosis Support Lab," the community-based user-support function for Osmosis. You can learn more about the Lab, here. We voted to support the helpful work the Lab does for the community. Link
Osmosis 323 Signalling Proposal: Removal of incentives from pool #690 MNTL/OSMO Abstain This was a proposal to remove $OSMO incentives from "Asset Mantle" pool, following accusations of "wash trading." We abstained conscientiously due to being unable to fully explore the details of the accusations. Link

August 2022

Network Proposal ID Title Our Vote Notes Full Proposal
Cosmos Hub 75 Establishing a definition of NoWithVeto Yes This was an initiative to clarify the defintion of the voting option "NoWithVeto," which has historically been confusing for governance participants. We voted to move forward with the proposed definition, but shared more detailed feedback on the Cosmos Hub Forum, here. Link
Agoric 14 Agoric Community Fund Policy Yes This was an initiative to formalize some guidelines for how funding decisions will be approved for the Agoric Community Fund. We voted in support of the increased clarity and utility that these new policies will help to provide. Link
Osmosis 322 [ION DAO] Initialize No Addressing the errors found after Prop 321, this was an intiative to, again, launch ION DAO. We abstained conscientiously due to being unable to fully audit the code. Link
Osmosis 321 [ION DAO] Initialize No This was an initiative to launch ION DAO, following props 316 and 315 below. The code was found to have errors, and the proposal was replaced by Prop 322 above. Link
Osmosis 319 Upload Apollo Liquid Staking Contract Abstain This was an initiative to launch Apollo's new liquid staking solution on Cosmos. You can learn more about Apollo at their blog, here. We abstained conscientiously, having been unable to conduct a full deep dive into Apollo. Link
Osmosis 318 Regular Incentive adjustment for 2022-08-22 Yes This was the latest in a series of regular, recurring proposals to make adjustments to various pool incentives (see the proposal link for more details). Link
Osmosis 316 [ION DAO] Store DAO contract's code Abstain Following Prop 315 below—which dealt with ION DAO's staking contract, allowing for token staking functionality—this was an initiative to install the DAO contract itself. Link
Osmosis 315 [ION DAO] Store staking contract's code Abstain The passage of the earlier Prop 120 signaled support for transferring ION tokens from the Osmosis genesis event to the then-nascent ION DAO, when technically possible. Prop 315 is an attempt, following the previously rejected Prop 305, to recognize that the transfer is now possible, and trigger it via the launch of ION staking contract on Osmosis. Link
Osmosis 310 Regular Incentive adjustment for 2022-08-15 Yes This was the latest in a series of regular, recurring proposals to make adjustments to various pool incentives (see the proposal link for more details). Link
Stargaze 41 Marketplace V1 Migration Abstain We abstained conscientiously due to being unable to audit the full code for the upgrade. Link
Agoric 12 Upgrade to agoric-upgrade-7 Abstain We abstained conscientiously due to being unable to audit the full code for the upgrade. Link
Stargaze 40 Marketplace Contract v1 Abstain This was an initiative to upload the smart contract for Stargaze Marketplace V1—now with a fix to the error uncovered in the review process for Prop 39! We abstained conscientiously due to being unable to audit the full code for the upgrade. Link
Stargaze 39 Marketplace Contract v1 No This was an initiative to upload the smart contract for Stargaze Marketplace V1. As Stargaze is an NFT marketplace app-chain, this was meant to be a big deal; however, an error in the contact code was uncovered, rendering this specific version unsafe to pass. Link
Regen 14 Regen Ledger v4.0 Upgrade Abstain This was an initiative to approve the upgrade to Regen Ledger v4.0. This update introduces a number of new features that unlock eco credit marketplace capabilities, new ledger functionality, and more. You can learn more about the details of the upgrade from the Regen team, here. We supported the direction of the upgrade here and were encouraged by the thorough proposal details; however, we chose Abstain to acknowledge that we were able neither to fully audit the code ourselves, nor to see the results of another code audit. This reflects an evolving and ongoing debate in the community around whose responsibility it is to audit code before launching, and where Validator operators like ourselves fit into the picture. We want to ensure that we’re being as thoughtful and transparent as possible. While that discussion develops across networks, we’ll continue to abstain conscientiously as appropriate. Link
Osmosis 309 Signaling Proposal for GLTO/OSMO (#778) incentivized pool Abstain This was an initiative to include the Gelotto token ($GLTO) in the list of assets that receive $OSMO liquidity incentives. Per the proposal, Gelotto is a "luck-based gaming platform that will initially offer lottery games for various IBC assets." Link
Osmosis 308 Regular Incentive adjustment for 2022-08-08 Yes This was the latest in a series of regular, recurring proposals to make adjustments to various pool incentives (see the proposal link for more details). Link
Osmosis 305 [ION DAO] Store staking contract's code Abstain The passage of the earlier Prop 120 signaled support for transferring ION tokens from the Osmosis genesis event to the then-nascent ION DAO, when technically possible. Prop 305 was an initiative to recognize that the transfer is now possible, and trigger it via the launch of ION staking contract on Osmosis. As you can see in the associated Commowealth discussion, it seems that the community rejected this proposal for rushing—though perhaps not deliberately—the process for reviewing and approving smart contract code on the network. Link
Osmosis 304 Increase Deposit for Proposals to 1600 OSMO Yes This was an initiative to increase the cost for submitting a proposal from 500 $OSMO to 1600 $OSMO, in an effort to disincentivize the submission of spam governance proposals. Link
Osmosis 299 Regular Incentive adjustment for 2022-08-01 Yes This was the latest in a series of regular, recurring proposals to make adjustments to various pool incentives (see the proposal link for more details). While we were aligned with the direction of the changes in this upgrade, we chose to Abstain as we didn't have the capacity within the voting period to fully audit the upgrade code. Link
Osmosis 296 Osmosis v11 Upgrade Abstain This was an initiative to approve the upgrade to Osmosis v11.0, the "Scambuster Upgrade." This update introduces some subtle, but meaningful changes to combat spam/scams on the network. You can learn more from the Osmosis Ministry of Marketing's announcement, here Link