Proposals of #6

OmniFlix v0.10.0 upgrade

Exec Legacy Content
passed
Expected result
Turnout / Quorum
0.00% / 33.40%
Voting start 2023.04.10 at 22:04:08
Voting end 2023.04.18 at 22:04:08
100.00%
611 flix
Yes
0%
0 flix
No
0%
0 flix
Veto
0%
0 flix
Abstain

Details

logo
Proposer
-
Total deposit
1 001 flix
Submit time
2023.04.10 at 22:04:06
Deposit end time
2023.04.18 at 22:04:06

Description

Overview\nKeeping with the commitment to continuously improve the blockchain, several important changes are being proposed as part of the v0.10.0 upgrade. These changes are aimed at making the network more secure & efficient while reducing spam.\n## Upgrade name\nv0.10.0\n\n## Upgrade height\n6262420\n\n## Upgrade details\nThe proposed upgrade will contain the following changes:\n### 1) oNFT updates\nThe oNFT module will be updated to include a collection creation fee (denom_creation_fee) to prevent spam and curate the creation of high-quality NFT collections. The version of oNFT to be included as a part of this upgrade is v0.5.0.\n### 2) Gov updates\nA minimum number of FLIX are required to for the initial deposit for the submitProposal transaction. This means that 10% of the minDeposit amount will have to be sent with the submit-proposal transaction and will most likely prevent spam proposals from being created on-chain.\n### 3) Alloc module update\nWeighted receiver multisig addresses (managed by subDAOs) for nft_incentives and node_host incentives will be added in the alloc module. The distribution percentages will be updated according to the token economics.\nURL : https://mirror.xyz/omniflixnetwork.eth/ofhbzvUBx5WjrrGyNWHSnGYFDA3NtnmIGko16cxYG4M\n\n### 4) Minor updates (and dependency bumps)\nCosmos SDK to be updated to v0.45.15\nTendermint to be updated to v0.34.27 (CometBFT)\nUpdate ibc-go version to v3.4.0 from v3.3.1\n\nThe latest version of the Cosmos SDK, CometBFT and other packages will be updated to ensure that the OmniFlix Hub remains up-to-date with the latest security features and enhancements.\n\nNOTE: The details of the exact binary will be shared during the course of the week after testing. Planning to publish the proposal to ensure that the update is completed before the FLIX token launch on 4/20 (20th of April).\n\n## Upgrade instructions\nupgrade guide:\nhttps://github.com/OmniFlix/docs/blob/main/guides/mainnet/omniflixhub-1/upgrades/v0.10.0-upgrade.md\nrelease tag:\nhttps://github.com/OmniFlix/omniflixhub/releases/tag/v0.10.0\n\n## Conclusion\nThe proposed v0.10.0 upgrade is aimed at making the OmniFlix Hub more secure, efficient, and user-friendly. Validators are requested to carefully review this proposal and provide feedback to the community on Commonwealth and Discord.\nValidators are also requested to participate in the voting process by choosing from the following options when the proposal is issued on-chain:\nVote YES to agree with the proposal\nVote NO to reject the ideas in the proposal\nVote ABSTAIN to refrain from participation\nVote NO WITH VETO if you see this as a harmful proposal to the future of the network.

Votes

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