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Axelar Network Logo

Axelar Network

#493

PASSED

Increase governance deposit: min_deposit to 150,000 AXL, expedited to 400,000 AXL

Proposal Type: MsgUpdateParams

Proposal Contents (*the original text from the proposer)

This proposal raises the deposit required to open a governance proposal on Axelar mainnet:

min_deposit: 2,000 AXL -> 150,000 AXL expedited_min_deposit: 3,000 AXL -> 400,000 AXL

All other governance parameters (voting period, quorum, thresholds, deposit ratio) are unchanged. The increase raises the economic cost of opening a proposal to deter low-effort and spam proposals, while keeping the deposit accessible to serious proposers. Deposits are returned when a proposal passes, or fails without being vetoed.

Voting Results

Status: Quorum Met
(57.13% of the required 33.40%)
Tokens Voted
177,668,066
Yes
177,628,880
100.0%
No
67
0.0%
No With Veto
39,119
0.0%
Abstain
0
0.0%

Vox Populi

Community discussions related to the proposal.

There do not appear to be any discussions on this proposal at this time.