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Governance · #1053

Recover IBC Client for Gravity Bridge

Passed ·MsgRecoverClient · ends 71d ago

Deposit 500 ATOM
Quorum 40%
Pass threshold 50%
Veto threshold 33.4%

Current tally

Yes
61.8%
No
0%
Abstain
38.2%
No with veto
0%

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Keplr

Voting is closed for this proposal.

Summary

> Proposal 1050 failed to reach a quorum; another attempt will be made to pass it

This proposal seeks to recover IBC Client `07-tendermint-582` connecting CosmosHub to Gravity Bridge. The recovery process will replace the state of expired client with the state of newly created substitute client `07-tendermint-1508`.

Due to an exploit executed on Gravity Bridge, the network was down for several weeks, causing IBC clients to expire.

Discussion: https://forum.cosmos.network/t/gravitybridge-ibc-reactivation/17168