Proposals of #161

Enable IBC ICS 20 Hooks

Gov Toggle I C S20 Hooks
passed
Expected result
Turnout / Quorum
90.58% / 40.00%
Voting start 2024.03.28 at 17:03:24
Voting end 2024.04.01 at 18:04:24
100.00%
2 956 647 556 umee
Yes
0.00%
2 267 umee
No
0.00%
4 970 umee
Veto
0.00%
78 158 umee
Abstain

Details

Proposer
umee178nsnzse8capyfak...
Total deposit
500 000 umee
Submit time
2024.03.28 at 17:03:24
Deposit end time
2024.04.11 at 18:04:24

Description

In the v6.4 UX Chain upgrade, we added support for ICS 20 transfer hooks. It enables seamless cross-chain money market transactions. At the release the mechanism was disabled. At UX, we want to provide the best User Experience for handling lending and leverage. After enabling, the following cross chain messages will be supported: MsgSupply, MsgSupplyCollateral, MsgLiquidate. See the v6.4 Release Notes

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