Increase Active Set of Validators from 180 to 190
rejected
Expected result
—
Turnout / Quorum
53.53% / 40.00%
7.66%
10 773 846 atom
Yes
53.91%
75 853 597 atom
No
0.03%
45 149 atom
Veto
38.40%
54 034 279 atom
Abstain
Details
Proposer
-
Total deposit
250 atom
Submit time
2023.12.11 at 20:12:20
Deposit end time
2023.12.25 at 20:12:20
Description
There is currently >700k ATOM sitting just outside of the active set of 180 validators (not including jailed validators). Increasing the active set from 180 to 190 would allow all of this stake to participate in consensus, further decentralizing Cosmos Hub. Additionally, all validators that would be added to the active set should be profitable, incentivizing them to perform properly and add to the security of Cosmos Hub. For those worried about this change decreasing your rewards, an additional 2,000,000 ATOM in the active set would change the APY from 13.98% to 13.86% (and there will be far less than 2,000,000 ATOM added), so any decrease in rewards will be relatively insignificant.
Votes
Voter
Answer