CryptoCrew Validators Governance Update December 2024
2. January 2025
Dear Community,
We are delighted to share an update on our governance activities for December 2024. This month, we diligently screened more than 40 networks and participated in voting on 63 proposals across 26 different chains, consistently advocating for the best interests of our delegators.
Your delegations empower us to maintain the high quality of this service, ensuring that we represent our collective interests effectively. Remember, you have the autonomy to override our votes with your preferences on any active proposal. We deeply value your trust and support in us.
Kind regards, The CryptoCrew Team ✅
| DYDX PROTOCOL #188 | ||
| Vote: | abstain | |
| Title: | Kuyen Labs - VIP Affiliate Whitelist Proposal | |
| Rationale: | CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. This decision, made in April 2023, is intended to ensure that we accurately represent and uphold the interests of our community. We reserve the right to use our NO or NO_WITH_VETO option in specific cases. These cases include, but are not limited to, situations where the proposal is considered spam (i.e., irrelevant to the respective chain/community), disproportionately infringes on minority interests, or violates or encourages violation of the rules of engagement as currently established by the respective chain/community. By maintaining this stance, we aim to protect the integrity of the community and its governance processes, promote transparency, and safeguard against actions that may compromise the well-being of our members or the broader ecosystem. However, we recognize that our delegators may have differing opinions on these matters. To ensure that their voices are heard and respected, our delegators have the option to override our decision by participating in the voting process themselves. This enables a more inclusive and democratic approach to community decision-making, empowering our delegators to actively shape the direction and values of the community in alignment with their own perspectives and priorities. | |
| GRAVITY BRIDGE #237 | ||
| Vote: | yes | |
| Title: | Fix channel-103 to Bostrom | |
| Rationale: | CryptoCrew welcomes the IBC Client revival between Gravity Bridge and Bostrom after successfully verifying the channels: >>> subject client id: 07-tendermint-196 - last revision: 0 height: 15515553 host: E61147F3C6B25DD1E6F0F94C4D79E499E22ADF2F7F60E1088738B8AB49F0DAC2 | reference: E61147F3C6B25DD1E6F0F94C4D79E499E22ADF2F7F60E1088738B8AB49F0DAC2 <<< substit client id: 07-tendermint-455 - last revision: 0 height: 16134045 host: 0707D41F4A0ABC14C981020F8EC674BD18D22DCCB1A430CADA7EEFD4D06A953B | reference: 0707D41F4A0ABC14C981020F8EC674BD18D22DCCB1A430CADA7EEFD4D06A953B ---------------------------------- ✅ subject client valid! ✅ substitute client valid! | |
| PERSISTENCE #121 | ||
| Vote: | yes | |
| Title: | PersistenceCore v11.16.0 | |
| Rationale: | CryptoCrew votes yes to upgrade the Persistence Mainnet Core-1 to v11.16.0 at block number | |
| AKASH NETWORK #275 | ||
| Vote: | abstain | |
| Title: | Proposal: Log Forwarding Integration for the Akash Network | |
| Rationale: | CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. * | |
| MARS #201 | ||
| Vote: | abstain | |
| Title: | Reactivate expired IBC client for UX | |
| Rationale: | CryptoCrew abstains due to missing chain infrastructure to fetch data | |
| COSMOS HUB #976 | ||
| Vote: | yes | |
| Title: | FIXED Recover expired IBC client for channel-341 to Bostrom | |
| Rationale: | CryptoCrew approves the substitution of the expired IBC Client between the Cosmos Hub and Bostrom after confirming the validity of the underlying clients: >>> subject client id: 07-tendermint-764 - last revision: 0 height: 15700804 host: 2E73ACAC360B086F59DFCA8A5BE87286BBF826405C903222AC915262BD5D4EDA | reference: 2E73ACAC360B086F59DFCA8A5BE87286BBF826405C903222AC915262BD5D4EDA <<< substit client id: 07-tendermint-1328 - last revision: 0 height: 16191935 host: 301A790DF8431F8AE6D983EC85CB044D7CF75AE2EE26500C2E11AA9D551408B0 | reference: 301A790DF8431F8AE6D983EC85CB044D7CF75AE2EE26500C2E11AA9D551408B0 ---------------------------------- ✅ subject client valid! ✅ substitute client valid! | |
| INJECTIVE #465 | ||
| Vote: | abstain | |
| Title: | Disbursement of OLP rewards for epoch ended on 25 November 2024 | |
| Rationale: | CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. * | |
| QUICKSILVER #52 | ||
| Vote: | yes | |
| Title: | Upgrade quicksilverd to v1.7.5 | |
| Rationale: | CryptoCrew supports the transition to quicksilverd v1.7.5 with block #10350200, which adds fixes for redemption rate inconsistencies, resolving edge-case invalid ICA txs, includes a mapped account query, and provides an upgrade handler for redemption rate adjustments | |
| NOLUS #222 | ||
| Vote: | yes | |
| Title: | Increase Upgrade Channel Timeout | |
| Rationale: | CryptoCrew votes positive about the client upgrade timeout increasal to 24 hours | |
| DYDX PROTOCOL #189 | ||
| Vote: | yes | |
| Title: | Cease Support for the wethDYDX Smart Contract (the Bridge) by June 2025. | |
| Rationale: | CryptoCrew agrees with the proposal to deprecate the wethDYDX bridge after six months and ceasing the support for wethDYDX like stated in the proposal | |
| NOLUS #223 | ||
| Vote: | yes | |
| Title: | Expanded Gas Fee Options: USDC, ATOM, OSMO, NTRN | |
| Rationale: | CryptoCrew endorses the adoption of ATOM, OSMO, NTRN, and USDC Noble as supplementary transaction fee payment tokens | |
| COMDEX #241 | ||
| Vote: | yes | |
| Title: | Software Upgrade to v15.3.0 | |
| Rationale: | CryptoCrew welcomes the Comdex mainnet upgrade to v15.3.0 at block height 15980131, upgrading IBC, implementing changes to the ICS module and libraries and burning unclaimed airdrop tokens | |
| SYNTERNET #5 | ||
| Vote: | yes | |
| Title: | Increase downtime threshold | |
| Rationale: | CryptoCrew votes in favor of increasing the Synternet slashing block window by 16000 blocks, resulting in about 12 hours of allowed downtime within a 24 hour period | |
| OSMOSIS #871 | ||
| Vote: | yes | |
| Title: | Alloyed USDT: Increase USDT.inj static limit to 40% | |
| Rationale: | CryptoCrew supports the proposal to expand the static limit of USDT.inj to 40% within the Alloyed USDT on Osmosis | |
| OSMOSIS #872 | ||
| Vote: | yes | |
| Title: | Alloyed USDT: Increase USDT.sol.pica static limit to 40% | |
| Rationale: | CryptoCrew also backs the decision to raise the static limit for USDT.sol.pica to 40% on the Alloyed USDT list on Osmosis | |
| OSMOSIS #873 | ||
| Vote: | yes | |
| Title: | Alloyed USDT: Increase USDT.eth.wh static limit to 40% | |
| Rationale: | CryptoCrew also favors the adjustment to increase the Wormhole USDT.eth.wh static limit to 40% under Osmosis's Alloyed USDT | |
| INJECTIVE #486 | ||
| Vote: | no | |
| Title: | Whitelist Talis deployer addresss | |
| Rationale: | CryptoCrew disapproves the whitelisting of the Talis deployer address, maintaining our conservative approach towards address whitelisting for contract deployments. We believe it's in the best interest of community and chain security to first present applications along with their contracts and audit status | |
| INJECTIVE #467 | ||
| Vote: | no | |
| Title: | Add relayer for PDYZE provider oracle | |
| Rationale: | CryptoCrew is concerned with the lack of comprehensive information on Paradyze’s prediction platform, missing details on its developers, the whitepaper, the status of its source code, and most importantly independent smart contract audits | |
| INJECTIVE #468 | ||
| Vote: | no | |
| Title: | Remove relayer for PDYZE provider oracle | |
| Rationale: | CryptoCrew is concerned with the lack of comprehensive information on Paradyze’s prediction platform, missing details on its developers, the whitepaper, the status of its source code, and most importantly independent smart contract audits | |
| NOLUS #224 | ||
| Vote: | yes | |
| Title: | Adjust Leaser Parameters (Osmosis allSOL) | |
| Rationale: | CryptoCrew votes positive regarding the proposed parameter changes (base interest rate & add-on interest rate) of the LPP smart contract for Osmosis allSOL on the Nolus Pirin Mainnet | |
| NOLUS #224 | ||
| Vote: | abstain | |
| Title: | Adjust Leaser Parameters (Osmosis allSOL) | |
| Rationale: | CryptoCrew has decided to abstain from participating in any proposals regarding reward or incentive structure adjustments as a matter of principle. This decision is intended to ensure the best interests of our community decides about the outcome of the vote. We reserve the right to use our NO or NO_WITH_VETO option in specific cases. These cases include, but are not limited to, situations where the proposal is considered spam (i.e., irrelevant to the respective chain/community), disproportionately infringes on minority interests, or violates or encourages violation of the rules of engagement as currently established by the respective chain/community. By maintaining this stance, we aim to protect the integrity of the community and its governance processes, promote transparency, and safeguard against actions that may compromise the well-being of our members or the broader ecosystem. However, we recognize that our delegators may have differing opinions on these matters. To ensure that their voices are heard and respected, our delegators have the option to override our decision by participating in the on-chain governance voting process themselves. This enables a more inclusive and deCryptoCrew abstains from voting on proposals related to incentive- or reward structure adjustments as a fundamental policy, allowing the community to dictate the outcome. We reserve the right to employ our NO or NO_WITH_VETO stance under circumstances such as proposals deemed as spam, those infringing on minority rights, or those contravening established community rules. Our approach is designed to uphold community integrity and promote transparency while recognizing that our delegators might hold diverse views and may override our abstention through their direct participation in governancemocratic approach to community decision-making, empowering our delegators to actively shape the direction and values of the community in alignment with their own perspectives and priorities. | |
| NOLUS #225 | ||
| Vote: | abstain | |
| Title: | Adjust Leaser Parameters (Osmosis allSOL) | |
| Rationale: | CryptoCrew has decided to abstain from participating in any proposals regarding reward or incentive structure adjustments as a matter of principle. * | |
| DYDX PROTOCOL #190 | ||
| Vote: | abstain | |
| Title: | Kuyen Labs - VIP Affiliate Whitelist Proposal | |
| Rationale: | CryptoCrew has decided to abstain from participating in any proposals regarding reward or incentive structure adjustments as a matter of principle. * | |
| OSMOSIS #874 | ||
| Vote: | yes | |
| Title: | Expand Supercharged Quote Asset list | |
| Rationale: | CryptoCrew supports the addition of BTSG, COREUM, dATOM, DOGE, DVPN, FLIX, JKL, OM, SCRT, SHERPA, SPICE, STRD and UM to the current list of supercharged quote assets | |
| OSMOSIS #875 | ||
| Vote: | abstain | |
| Title: | [fixed] Revive expired IBC client for Konstellation | |
| Rationale: | CryptoCrew abstains until the channels have been verified | |
| OSMOSIS #875 | ||
| Vote: | yes | |
| Title: | [fixed] Revive expired IBC client for Konstellation | |
| Rationale: | CryptoCrew supports the substitution of the IBC Client between Osmosis and Konstellation after successfully validating the channels: >>> subject client id: 07-tendermint-1778 - last revision: 0 height: 15607695 host: 75CFFFEB72B5A09D06A8A5649E6C7398406EEF4EF0BDC9C20A85BE2882C61979 | reference: 75CFFFEB72B5A09D06A8A5649E6C7398406EEF4EF0BDC9C20A85BE2882C61979 <<< substit client id: 07-tendermint-3367 - last revision: 0 height: 16509488 host: 4FF6C1690DCCFA2261A05A8D76AFCAE4178D0B50DD7BE7B7BCC6596268E8311C | reference: 4FF6C1690DCCFA2261A05A8D76AFCAE4178D0B50DD7BE7B7BCC6596268E8311C ---------------------------------- ✅ subject client valid! ✅ substitute client valid! | |
| ODIN #31 | ||
| Vote: | yes | |
| Title: | Pre OdinGPT chain upgrade | |
| Rationale: | CryptoCrew votes yes to upgrade the Odin Mainnet to v0.11.0 with block #17793000, updating IBC, WasmVM, CosmWasm and Kvasir AI nodes manager to the recommended versions and delivering stability improvements | |
| COSMOS HUB #981 | ||
| Vote: | yes | |
| Title: | ||
| Rationale: | ||
| OSMOSIS #876 | ||
| Vote: | yes | |
| Title: | Whitelist Magma Vaults dev wallet to deploy automatic liquidity managment solution contracts | |
| Rationale: | CryptoCrew supports the whitelisting of Magma Vaults developer wallet in order to deploy their audited open source Magma Core contract | |
| INJECTIVE #469 | ||
| Vote: | no | |
| Title: | Store Auction DAO Smart Contract Code | |
| Rationale: | CryptoCrew has chosen to vote against the Auction DAO smart contract deployment due to concerns over whether they have undergone an impartial third-party audit. | |
| SECRET NETWORK #311 | ||
| Vote: | abstain | |
| Title: | 2024-Q4 Testnet Committee | |
| Rationale: | CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. * | |
| OSMOSIS #878 | ||
| Vote: | abstain | |
| Title: | Deploy TIA to Margined Redemption Rate Arbitrage Strategy | |
| Rationale: | CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. * | |
| OSMOSIS #877 | ||
| Vote: | abstain | |
| Title: | Deploy ATOM to Margined Redemption Rate Arbitrage Strategy | |
| Rationale: | CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. * | |
| KAVA #195 | ||
| Vote: | abstain | |
| Title: | Kava Rise Payouts November 2024 | |
| Rationale: | CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. * | |
| KUJIRA #692 | ||
| Vote: | yes | |
| Title: | Store AutoClaimer contract v1.2 | |
| Rationale: | CryptoCrew votes yes on the AutoClaimer v1.2 upgrade, which includes the addition of fee charging and FIN autoclaiming features | |
| OSMOSIS #879 | ||
| Vote: | yes | |
| Title: | Osmosis v28 Software Upgrade | |
| Rationale: | CryptoCrew welcomes the Osmosis Mainnet upgrade to v28.0.0, arriving at block #25861100, introducing performance-related updates such as reduced commit timeout to 500ms, mempool, gas cost, and block parameter optimizations, along with version bumps to CometBFT v0.38.11, Cosmos SDK v50.6-v26-osmo-1, wasmd v0.53.0, and wasmvm v2.1.2, enabling the CosmWasm 1.3 feature | |
| COSMOS HUB #981 | ||
| Vote: | yes | |
| Title: | [LAST CALL] Signalling Proposal to Whitelist the Deployment of InterChain NFT Contracts | |
| Rationale: | CryptoCrew endorses the whitelisting of Ark Protocol's developer wallet to allow the deployment of audited Interchain NFT contracts, including the Interchain Launchpad, Interchain Bridge (ICS721), and CW721 contracts, on the Cosmos Hub | |
| SAGA #9 | ||
| Vote: | yes | |
| Title: | Upgrade to 0.2 | |
| Rationale: | CryptoCrew backs the Saga upgrade to version 0.2 at block #3855628, advancing the network's capabilities for the upcoming Liquidity Integration Layer | |
| OSMOSIS #880 | ||
| Vote: | abstain | |
| Title: | Osmosis Grants Program v4 Renewal | |
| Rationale: | CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. * | |
| DYDX PROTOCOL #191 | ||
| Vote: | abstain | |
| Title: | Kuyen Labs - VIP Affiliate Whitelist Proposal | |
| Rationale: | CryptoCrew has decided to abstain from participating in any proposals regarding reward or incentive structure adjustments as a matter of principle. * | |
| CELESTIA #4 | ||
| Vote: | yes | |
| Title: | Parameter Change: Increase SignedBlocksWindow Slashing Parameter for Celestia Mainnet | |
| Rationale: | CryptoCrew welcomes the parameter updates to SignedBlocksWindow and MinSignedPerWindow, ensuring validators have sufficient time to respond during emergencies or migration events | |
| MILKYWAY #3 | ||
| Vote: | yes | |
| Title: | Upgrade chain software to v6 | |
| Rationale: | CryptoCrew votes yes regarding the Milkyway mainnet upgrade to v6.0.0, arriving with block #248555, removing all non-TIA markets from the price oracle and registering the correct liquid vesting module account | |
| INJECTIVE #470 | ||
| Vote: | no | |
| Title: | Whitelist Address for Wasm Upload [Hydro Protocol] | |
| Rationale: | CryptoCrew rejects the whitelisting of Hydro Protocol's team wallet, in line with our conservative approach to general whitelisting, which bypasses governance approval for future contract deployments | |
| KUJIRA #693 | ||
| Vote: | no | |
| Title: | Store Index Code | |
| Rationale: | CryptoCrew votes no due to the lack of any information regarding the contract intended for deployment | |
| STARGAZE #294 | ||
| Vote: | yes | |
| Title: | Remove CryptoGopniks team address from load contracts WL | |
| Rationale: | CryptoCrew votes yes regarding the CryptoGopniks team address removal from the contract upload whitelist due to uploading an unaudited, private bridge contract to the Stargaze Zone without the consent of the core team or community | |
| QUICKSILVER #53 | ||
| Vote: | yes | |
| Title: | Onboard Composable Finance's Picasso (chain_id: centauri-1) onto Quicksilver | |
| Rationale: | CryptoCrew backs Composable Finance's Picasso onboarding onto the Quicksilver mainnet, enabling $PICA deposits and $qPICA minting | |
| NOLUS #226 | ||
| Vote: | yes | |
| Title: | Adjust Leaser Parameters (Osmosis Noble USDC) | |
| Rationale: | CryptoCrew approves the proposed modifications to the Osmosis Noble USDC Leaser | |
| NOLUS #227 | ||
| Vote: | yes | |
| Title: | Adjust LPP Parameters (Osmosis Noble USDC) | |
| Rationale: | CryptoCrew agrees with the proposed base interest rate adjustments of the lending pool contract | |
| NOLUS #228 | ||
| Vote: | yes | |
| Title: | Adjust Leaser Parameters (Neutron Noble USDC) | |
| Rationale: | CryptoCrew supports the Leaser contract adjustments (protocol interest increase) for the Neutron Noble USDC integration on the Nolus Pirin mainnet | |
| NOLUS #229 | ||
| Vote: | yes | |
| Title: | Adjust LPP Parameters (Neutron Noble USDC) | |
| Rationale: | CryptoCrew backs the LPP lending pool smart contract parameter adjustments to integrate the Neutron Noble USDC on the Nolus Pirin mainnet | |
| DYDX PROTOCOL #230 | ||
| Vote: | abstain | |
| Title: | Kuyen Labs - VIP Affiliate Whitelist Proposal | |
| Rationale: | CryptoCrew has decided to abstain from participating in any proposals regarding reward or incentive structure adjustments as a matter of principle. * | |
| DYDX PROTOCOL #192 | ||
| Vote: | abstain | |
| Title: | dYdX Ecosystem Development Program -- Funding Allocation Proposal | |
| Rationale: | CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. * | |
| DYDX PROTOCOL #193 | ||
| Vote: | abstain | |
| Title: | Launch Incentives - Season 7 Distribution | |
| Rationale: | CryptoCrew has decided to abstain from participating in any proposals regarding reward or incentive structure adjustments as a matter of principle. * | |
| JUNO #358 | ||
| Vote: | yes | |
| Title: | Juno Upgrade (v26) | |
| Rationale: | CryptoCrew is in favor of the update to Juno Mainnet version 26.0.0, scheduled for block #22501500, incorporating all crucial upgrades and patches | |
| MIGALOO #55 | ||
| Vote: | yes | |
| Title: | Migaloo v4.2.7 | |
| Rationale: | CryptoCrew welcomes the Migaloo mainnet upgrade to v4.2.7, arriving at block #10335134, featuring key version updates including wasmvm v1.5.5, Cosmos SDK to v0.47.15, and various essential bug fixes | |
| OSMOSIS #881 | ||
| Vote: | abstain | |
| Title: | Osmosis taker fees to acquire more BTC for liquidity provisioning | |
| Rationale: | CryptoCrew abstains regarding the taker fee parameter adjustments, effectively leaving the decision to the community due to our policy of not interfering with changes affecting incentive structure | |
| MANTRA ZONE #4 | ||
| Vote: | abstain | |
| Title: | MANTRA Chain - Layer 1 Tokenomics Update | |
| Rationale: | CryptoCrew would like to abstain regarding the token vesting and cliff schedule adjustments, effectively leaving the decision to the community due to our policy of not interfering with changes affecting incentive structure | |
| BITSONG #42 | ||
| Vote: | yes | |
| Title: | Upgrade V020: patch v018 | |
| Rationale: | CryptoCrew welcomes the Bitsong Mainnet upgrade to v0.20.2, arriving with block #20277056, fixing a bug introduced with versiong v0.18 | |
| TERRA2 #4824 | ||
| Vote: | yes | |
| Title: | Chain Upgrade - v2.13 | |
| Rationale: | CryptoCrew supports the Terra Mainnet upgrade to v2.13 at block #13684000, pushing cosmos-sdk to v0.47.15, go to v1.22.10, math to v1.4.0, and cometbft to v0.37.13, also burning Axelar assets from the Terra Recovery Contract during the upgrade | |
| DYDX PROTOCOL #195 | ||
| Vote: | abstain | |
| Title: | Kuyen Labs - VIP Affiliate Whitelist Proposal | |
| Rationale: | CryptoCrew has decided to abstain from participating in any proposals regarding reward or incentive structure adjustments as a matter of principle. * | |
| AKASH NETWORK #276 | ||
| Vote: | abstain | |
| Title: | Akash Community Marketing/Support Team Proposal | |
| Rationale: | CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. * | |
| QUICKSILVER #54 | ||
| Vote: | yes | |
| Title: | Onboard Omniflix Hub (chain_id: omniflixhub-1) onto Quicksilver | |
| Rationale: | CryptoCrew embraces the Omniflix Hub onboarding to the Quicksilver Mainnet, unlocking liquidity for $FLIX stakers, enabling the $FLIX deposit in order to mint $qFLIX | |
| * Rationale shortened for improved readability | ||
