Proposals of #67

Parameter change: Enable liquidity module circuit breaker

Exec Legacy Content
passed
Expected result
Turnout / Quorum
32.22% / 40.00%
Voting start 2022.04.14 at 07:04:27
Voting end 2022.04.28 at 07:04:27
98.60%
83 485 789 atom
Yes
0.08%
68 381 atom
No
0.04%
36 942 atom
Veto
1.28%
1 083 591 atom
Abstain

Details

logo
Proposer
-
Total deposit
64 atom
Submit time
2022.04.14 at 07:04:27
Deposit end time
2022.04.28 at 07:04:27

Description

Recently, proposal #62 passed with strong support from the Cosmos Hub community. Following up with proposal #62, B-Harvest(now Crescent Team) submit this parameter change proposal to enable liquidity module circuit breaker. Upon passing of this proposal, only withdrawal of assets from LP will be available on Gravity DEX operating on Cosmos Hub. Other activities such as swap and deposit will be disabled. We advise former Gravity DEX users to withdraw coins from LP and return assets to each original chain. Withdrawal of LP from Gravity DEX is also available on Crescent. The IBC relayer service from Cosmos Hub to other chains will be provided by Crescent Team until the end of June, so there might be no operating IBC relayers after end of June. Also, we are happy to announce Crescent Network launch today. We warmly welcome Gravity DEX users into the new Crescent DEX with upgraded features and liquidity incentives: https://www.crescent.network

Votes

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