CodeBlockLabsexplorer

Governance · #7

Reduce Slashing Penalty for Downtime from 1% to 0.3%

Passed ·MsgUpdateParams · ends 429d ago

Deposit 50 PAXI
Quorum 33.4%
Pass threshold 50%
Veto threshold 33.4%

Current tally

Yes
96.5%
No
0.2%
Abstain
0%
No with veto
3.2%

Cast a vote

Keplr

Voting is closed for this proposal.

Summary

This proposal aims to adjust the slashing parameters to encourage validator participation and reduce the punishment for downtime. Specifically, the `slash_fraction_downtime` parameter will be lowered from 0.01 (1%) to 0.003 (0.3%). This change helps balance security and validator sustainability, reducing the risk of severe penalties for temporary outages while maintaining deterrence against prolonged downtime.