by
0x1047…a6b8
Improve decentralization and set up validators requirements for Lido on Terra
Voting ended over 3 years agoSucceeded
The following is a vote consisting of two parts:
- Stake flattening on Terra proposal (https://research.lido.fi/t/stake-flattening-on-terra/1655)
- Baseline for Lido validators on Terra proposal (https://research.lido.fi/t/baseline-for-lido-validators-on-terra/1656) taking into account the edition made based on validators feedback (https://research.lido.fi/t/baseline-for-lido-validators-on-terra/1656/5)
If the vote will pass, two things are going to be made:
- The delegations of Lido Hub are going to be artificially distributed equally among validators following the process described in the proposal (1).
- The rules are going to be adopted that allow the removal of underperforming validators from Lido's whitelist. The conditions of removal are (see the (2) proposal for the details):
- being slashed/jailed/tombstoned,
- signing less than 80% of the latest 100 000 blocks,
- 6-hours period without signed blocks,
- providing less than 80% of oracle votes for a month,
- 6-hours period with no oracle votes,
- missing a network update,
- setting the commission rate more than 10%,
- missing more than 4 out of 20 latest votes on the Terra governance.
Off-Chain Vote
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- Author
0x1047…a6b8
- IPFS#QmVSs6Kk
- Voting Systemsingle-choice
- Start DateFeb 15, 2022
- End DateFeb 22, 2022
- Total Votes Cast54.93M
- Total Voters26
Timeline
- Feb 15, 2022Proposal created
- Feb 15, 2022Proposal vote started
- Feb 22, 2022Proposal vote ended
- Oct 26, 2023Proposal updated