Increase IBC Quota transfers
passed
Expected result
—
Turnout / Quorum
78.21% / 40.00%
Voting start 2024.03.07 at 01:03:09
Voting end 2024.03.11 at 01:03:09
100.00%
2 552 778 527 umee
Yes
0.00%
25 743 umee
No
0.00%
2 418 umee
Veto
0.00%
79 457 umee
Abstain
Details
Proposer
umee178nsnzse8capyfak...
Total deposit
500 000 umee
Submit time
2024.03.07 at 01:03:09
Deposit end time
2024.03.21 at 01:03:09
Description
During the past days we observed increase usage of the lending protocol. Our IBC transfer quota was hit several times. Blockchain market is getting busy and our protocol gets more interest. To meet market demand we propose reducing the quota reset time from 24h to 12h and increase the quota outflow amounts by roughly 15% and inflow-outflow token and total rate by 40% and 22% respectively.
Votes
Voter
Answer