LOA Labs: A Public Goods & Good Governance validator in the Cosmos ecosystem. Proud to validate for $ATOM $REGEN $ARCH $STARS $JUNO $GRAV $KYVE $QCK $IXO
Greetings delegators - as of October 31, 2023, LOA Labs validator will be ceasing validator support for @StargazeZone@ixoworld@gravity_bridge@JunoNetwork.
We are ceasing validation due to ongoing poor market conditions and limited governance resources.
Please redelegate!
1/ Testnet Prop #11 passed! The @archwayHQ data pool is now live on our testnet Kaon 🎉
🟠 https://t.co/EuPnMpQA5Q 🟠
Validators have already joined in, successfully bundling & validating data 💫
🧑💻 Are you a Kaon protocol validator? Learn more & join today! ⤵️
📡 Upgrade Detected!
Congratulations to @JunoNetwork on the seamless network upgrade, v16 — Invictus 🎉
Another quick upgrade as usual, thanks to the coordination between the $JUNO core team and the validators 🫡
@JunoNetwork < - > @Polkadot@KusamaNetwork 🔜
$JUNO $DOT $KSM
📢Join the Protocol Community Call tomorrow at 10 am PST for:
🌱@THEecoToken Marketplace Launch
🌍#Permissionless Credit Class Updates
🤝@maxsemenchuk presenting #Tokenomics 2.0
💡@erde_kette's @osmocon2023 & @NebularBuilders Recap
👉https://t.co/D87KapfGRK
💬 New discussions have come up on KYVE’s governance forum! From the Foundation as well as our dedicated community members.
Visit https://t.co/OD6t2rG7Yk to stay up to date & participate in creating a truly trustless future 💫
👑 New Governance Proposal
MantaDAO - Stargaze token swap
- Request of $100,000 from Community Pool to provide protocol-owned liquidity on BOW for the STARS/MNTA pair.
Vote now at:
https://t.co/SiaW2zEIJL
Discussion:
https://t.co/qUtNqumpjD
$STARS
Archway Ecosystem Round Up 🌱
As the month draws to a close, let's dive into the latest developments in the Archway ecosystem this past week.
Let's dive in 🧵 👇
The Exploration Of The Cosmos SDK: Gov Module 🏛️
The Gov module handles all facets of the on-chain governance system. The governance process is divided into three parts:
proposal submission, voting, execution- Learn More👇
Proposal submission:
A proposal must be posted with a greater than minimum deposit balance.
⚪️If this is not the case, then the proposal is stored finitely in the inactive proposal queue where either other wallets assist in fundraising to meet the minimum or the deposit is burned.
Voting:
Upon reaching the deposit, the money put down is escrowed by the governance ModuleAccount until proposal finalization.
⚪️When the voting period opens, participants, known as bondend native asset holders, can vote themselves or allow their validator to inherit their voting power.
For the proposal to be passed both quorum and threshold must be achieved:
➡️Quorum, defined as the minimum percentage of voting power needed to validify the proposal, must be reached
➡️Threshold, defined as the minimum yes votes for proposal acceptance, is qualified when the percentage of no with veto votes is less than ⅓ and yes votes are greater than ½.
Execution:
In every EndBlock, proposals that have expired periods are processed, and the TallyParam tallies the votes from all participants.
⚪️In the circumstance where the proposal is passed the money put down is refunded, and the content Handler executes the list of sdk.Msgs.
⚪️In the case where the proposals' quorum fails or the proposals' are vetoed the deposit is burned, and the proposal is removed from state.
Without The Gov Module There Would Be:
- no chain upgrades
- no funding proposals
- no methods to improve the protocol
@nedleeharvey @regen_network That's a good question. This isn't up on chain yet and we'll spend some more time explaining the structure, its function and impact. Certainly welcome your questions.
Visual rendering of a candidate DAO for oversight and fund distro of approved community spend on @regen_network - please share your thoughts here or on the Regen forum:
https://t.co/PmmtzhCZ3a
KYVE’s first mainnet data pool has officially archived & validated over 50% of the @cosmoshub blockchain 💫
🗃️ With 157+ GB of bundled data already accounted for.
Find out how this data pool will benefit #Cosmos ecosystem node runners & data analysts 🔎 https://t.co/8JgkqeXbAS
As a Quicksilver QCK token holder, you can delegate your QCK to validators, strengthening the chain's security. These validators, secure the chain by producing blocks.
QCK stakers get 3️⃣ types of rewards: inflationary rewards, revenue distribution & ICS rewards.
Read on 👇
Join us tomorrow as the community hosts its third ever governance call live on Discord ⚖️
@dave_fortson from @loa_labs will be leading the conversation about how to inspire and create good governance processes!
📅 July 19th @ 5 PM UTC
🔗 https://t.co/FKyRWD8n6v
This week, Quicksilver team members will be at events across the 🌍
Find us in Paris 🇫🇷 & Bali 🇮🇩:
✅ Osmocon @osmocon2023 by @osmosis
✅ Nebular Summit @NebularBuilders
✅ ATOM Bali by @CosmoverseHQ
Connect with us and share what you’re building. 👋
We are excited to announce that Archway is now integrated with @leap_cosmos!
You can now discover what Archway has to offer with tools such as:
📱 iOS and Android mobile apps
🌐 Browser Extension
📈 Web Dashboard
Explore now:
https://t.co/cvXoFRW33C