Proposals of #205

Proposal to freeze supply and borrow on UX token registry

Gov Update Registry
passed
Expected result
Turnout / Quorum
78.41% / 40.00%
Voting start 2026.02.11 at 15:02:16
Voting end 2026.02.15 at 15:02:16
81.50%
2 085 776 058 umee
Yes
16.85%
431 148 253 umee
No
0.00%
9 005 umee
Veto
1.66%
42 445 539 umee
Abstain

Details

Proposer
umee1lleqr24mdjn5ysgg...
Total deposit
500 000 umee
Submit time
2026.02.11 at 15:02:16
Deposit end time
2026.02.25 at 15:02:16

Description

Given the current state of the Cosmos ecosystem and the volatility of the market, UX has decided to take the most prudent approach to the lending and borrowing functions to avoid putting the platform and users into further risks. As a result, below is the gov prop that effectively disables any new lending and borrowing abilities. Withdrawal works as normal. Liquidation works as normal. Borrowing interest calculation works as normal and hence all borrowers are encouraged to pay off your outstanding debts. In summary, users are strongly recommended to unwind their positions and withdraw from UX. Please vote 'Yes' if you support this proposal, and 'No' if you oppose it. Commonwealth post: https://common.xyz/ux/discussion/1312274-Protocol%20Status%20Update

Votes

Voter
Answer