CryptoCrew Validators Governance Update July 2025

28. July 2025

Dear Community,

We are delighted to share an update on our governance activities for July 2025. This month, we diligently screened more than 35 networks and participated in voting on 52 proposals across 18 different chains, consistently advocating for the best interests of our delegators. Here’s a chart showing the top 10 most active networks:

 

Top 10 most active chains by governance and CryptoCrew vote breakdown

Top 10 most active chains by governance and CryptoCrew vote breakdown

This month, we observed an unusually high number of chain upgrades – 11 in total – spanning the Cosmos Hub, dYdX, Agoric, Persistence, Bandchain, Secret Network, Synternet, Oraichain, Seda, and Xion. These upgrades were primarily driven by the coordinated rollout of a critical security patch across multiple networks, and we participated in all related proposals to help ensure safe and timely transitions.

On July 9th, 2025, Osmosis passed Proposal 956, removing Superfluid Staking and deprecating the x/superfluid module to streamline its codebase and better align with the standard Cosmos SDK staking model.

In line with our governance principles, CryptoCrew abstained on Cosmos Hub Proposals 1005 and 1006, which requested community pool funding for an Ethereum NFT bridge. Proposal 1005 failed to pass due to not reaching quorum, with over 47% abstaining, 19.65% voting YES, and a combined 33.28% voting NO or NO_WITH_VETO.

To view the full list of proposals we voted on this month, simply scroll down below.

Your delegations allow us to maintain the high quality of this service and effectively represent our collective interests. Remember, you have the autonomy to override our votes with your own preferences on any active proposal. We sincerely appreciate your trust and support.

Kind regards, the CryptoCrew Team ✅

 

Proposal:XION #43
Vote:yes
Title:Extend Mainnet Expedited Voting Period
Rationale:CryptoCrew welcomes the extension of the current expedited voting period on the XION Mainnet from 6 to 24 hours
Proposal:OSMOSIS #950
Vote:abstain
Title:Monthly OSMO Taker Fee Burn: June 2025
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.
Proposal:OSMOSIS #951
Vote:abstain
Title:Monthly BTC Purchase: June 2025
Rationale:CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. *
Proposal:OSMOSIS #952
Vote:abstain
Title:Change Community pool default revenue token to BTC
Rationale:CryptoCrew supports the intent of the proposal to change the default community pool revenue token for non-Quote assets from USDC to Alloyed BTC, but will abstain to leave the decision to the Osmosis community.
Proposal:OSMOSIS #953
Vote:yes
Title:Alloyed XRP: Add XRP.xrplevm
Rationale:CryptoCrew approves the addition of XRP.xrplevm to allXRP, enabled via the newly launched XRPL EVM sidechain.
Proposal:INITIA #51
Vote:abstain
Title:Removal of BFB from VIP
Rationale:CryptoCrew abstains from voting on proposals related to incentive- or reward-structure adjustments as a fundamental policy since April 2023, 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 governance. This democratic approach empowers our delegators to actively shape the direction and values of the community in alignment with their own perspectives and priorities.
Proposal:AKASH NETWORK #294
Vote:abstain
Title:Reactivate expired IBC client for Umee
Rationale:CryptoCrew abstains on the Akash <-> Umee IBC client revival proposal until the clients have been successfully verified by our team
Proposal:OSMOSIS #955
Vote:abstain
Title:Prioritize Burn over Accumulation from Taker Fees
Rationale:CryptoCrew abstains from voting on proposals related to incentive- or reward-structure adjustments as a fundamental policy since April 2023, allowing the community to dictate the outcome. *
Proposal:OSMOSIS #954
Vote:abstain
Title:Remove Liquidity Incentives from Inflation
Rationale:CryptoCrew abstains from voting on proposals related to incentive- or reward-structure adjustments as a fundamental policy since April 2023, allowing the community to dictate the outcome. *
Proposal:AKASH NETWORK #295
Vote:abstain
Title:Akash Community Programs: Q3 2025 Proposal
Rationale:CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. *
Proposal:INITIA #52
Vote:yes
Title:Increase Echelon’s Minitswap Pool Size and Recover Velocity Parameter
Rationale:CryptoCrew backs the proposed pool parameter changes to ensure smoother liquidations across Echelon’s lending markets.
Proposal:AKASH NETWORK #296
Vote:abstain
Title:Zealy 2025 Program Q3
Rationale:CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. *
Proposal:DYDX PROTOCOL #258
Vote:abstain
Title:Surge Season 3 Incentive Distribution Proposal
Rationale:CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. *
Proposal:DYMENSION #30
Vote:no
Title:update desmos ibc client
Rationale:CryptoCrew is voting against the proposal to update the expired client for desmos, as it is impossible to verify the client states due to a lack of publicly available infrastructure
Proposal:PERSISTENCE #140
Vote:yes
Title:Upgrade the Persistence Dex Vault contract for stkASSET deprecation process
Rationale:CryptoCrew supports proposal #140, which upgrades the Persistence DEX vault contract and grants limited authority to deprecate liquidity pools containing discontinued stkASSETs
Proposal:DYDX PROTOCOL #259
Vote:yes
Title:Final Cessation of Support for the wethDYDX Smart Contract (the Bridge)
Rationale:CryptoCrew backs the final step in sunsetting the wethDYDX Smart Contract (the Bridge) on the dYdX Chain.
Proposal:DYDX PROTOCOL #260
Vote:abstain
Title:Kuyen Labs - VIP Affiliate Whitelist Proposal
Rationale:CryptoCrew abstains from voting on proposals related to incentive- or reward-structure adjustments as a fundamental policy since April 2023, allowing the community to dictate the outcome. *
Proposal:STARGAZE #324
Vote:no_with_veto
Title:$STARGAZE Airdrop - Last Chance!
Rationale:CryptoCrew strongly advises against interacting with links in this proposal due to their association with malicious websites that may compromise user data and security
Proposal:AGORIC #99
Vote:yes
Title:Upgrade to agoric-upgrade-21
Rationale:CryptoCrew welcomes the Agoric-3 Mainnet upgrade to v21 with the arrival of block #20563000, rolling out Cosmos SDK v0.47.17 and enabling IST to BLD for network execution in the light of the Inter Protocol/IST sunsetting
Proposal:OSMOSIS #956
Vote:yes
Title:Remove Superfluid Staking and Deprecate the x/superfluid Module
Rationale:CryptoCrew backs the proposal to remove Superfluid Staking due to its low usage and align Osmosis staking with the standard Cosmos SDK to reduce upgrade complexity.
Proposal:OSMOSIS #957
Vote:abstain
Title:Halve Staking Inflation to Reduce the Revenue Subsidy (3x to 1.5x)
Rationale:CryptoCrew abstains from voting on proposals related to incentive- or reward-structure adjustments as a fundamental policy since April 2023, allowing the community to dictate the outcome. *
Proposal:BABYLON #12
Vote:yes
Title:Reduce the unbonding time to 301 BTC blocks
Rationale:CryptoCrew favors lowering the unbonding period from 1008 to 301 blocks and raising the slashing fee to 150k sats for new BTC staking positions.
Proposal:COSMOS HUB #1004
Vote:yes
Title:Gaia v25.1.0 Software Upgrade
Rationale:CryptoCrew endorses the Cosmos Hub Gaia v25.1.0 upgrade, occurring at block #26659700, which addresses a critical bug in the distribution module and applies tested dependency updates, including Cosmos SDK v0.53.3.
Proposal:DYDX PROTOCOL #262
Vote:abstain
Title:Kuyen Labs - VIP Affiliate Whitelist Proposal
Rationale:CryptoCrew abstains from voting on proposals related to incentive- or reward-structure adjustments as a fundamental policy since April 2023, allowing the community to dictate the outcome. *
Proposal:PERSISTENCE #141
Vote:yes
Title:PersistenceCore v12.0.0 upgrade
Rationale:CryptoCrew welcomes the Persistence Core-1 upgrade to v12.0.0, being rolled out at block #22492000, which updates all dependencies, removes unused modules, finalizes stkAsset deprecation, and fixes a minor bug in the LSM module.
Proposal:DYDX PROTOCOL #261
Vote:yes
Title:dYdX Chain Software Upgrade v8.2
Rationale:CryptoCrew endorses the dYdX mainnet upgrade to v8.2.0, scheduled at block #50240951, which retains Cosmos SDK v0.50.6 while incorporating security patch ISA-2025-005 via an updated build.
Proposal:BAND PROTOCOL #15
Vote:yes
Title:BCIP-15: Upgrade to v3.1
Rationale:CryptoCrew backs the BandChain upgrade to v3.1 at block #42450000, rolling out improvements via Cosmos SDK v0.50.14.
Proposal:SECRET NETWORK #327
Vote:yes
Title:Software Upgrade
Rationale:CryptoCrew votes positive on the expedited Secret Network mainnet upgrade to v1.20, scheduled at block #20601600.
Proposal:SEDA #3
Vote:yes
Title:Mainnet Upgrade to v1.0.0
Rationale:CryptoCrew approves the Seda mainnet protocol upgrade to v1.0.0 to patch against ISA-2025-005 and add some core features.
Proposal:NOLUS #302
Vote:abstain
Title:Adjust Buyback Frequency
Rationale:CryptoCrew agrees with adjusting the NLS buyback frequency to every 48 hours to enable more impactful buybacks across 7 of the 10 specified markets
Proposal:ORAICHAIN #317
Vote:yes
Title:Upgrade Oraichain to v0.50.12
Rationale:CryptoCrew votes YES to upgrade the Oraichain mainnet to v0.50.12 at block #69217035, addressing the ICA stack bug.
Proposal:AGORIC #100
Vote:no
Title:YMax Alpha 1: A Step Toward Seamless DeFi Control
Rationale:CryptoCrew appreciates Agoric’s commitment to streamlining DeFi workflows and empowering cross-chain power users — however, we vote No on YMax Alpha 1 due to our conservative stance on contract deployments without clear testnet results or audit reports.
Proposal:OSMOSIS #958
Vote:abstain
Title:Top-of-Block Auction Parameters Review
Rationale:CryptoCrew abstains from voting on proposals related to incentive- or reward-structure adjustments as a fundamental policy since April 2023, allowing the community to dictate the outcome. *
Proposal:OSMOSIS #959
Vote:yes
Title:Alloyed Assets: Raise Static caps on Eureka assets
Rationale:CryptoCrew supports raising WBTC.eth.atom cap from 5% to 10% and ETH.atom from 10% to 20% to boost Eureka bridge utility and routing efficiency.
Proposal:INITIA #53
Vote:abstain
Title:Update MilkyWay's VIP Stage 6 Scoring
Rationale:CryptoCrew abstains from voting on proposals related to incentive- or reward-structure adjustments as a fundamental policy since April 2023, allowing the community to dictate the outcome. *
Proposal:NOLUS #303
Vote:yes
Title:Update Oracle Swap Tree (Osmosis Noble USDC)
Rationale:CryptoCrew acknowledges the swap tree update as a reflection of current liquidity conditions, ensuring smoother execution and reduced slippage for stOSMO-based trades.
Proposal:SYNTERNET #10
Vote:yes
Title:Enable critical Burn functionality (Chain Upgrade)
Rationale:CryptoCrew votes in support of the chain upgrade to v0.26.0 at block #6141826, delivering a critical fix to the burn functionality alongside added support for multisig and Ledger signing.
Proposal:INJECTIVE #539
Vote:abstain
Title:OLP Reward Disbursement – Epoch 47
Rationale:CryptoCrew abstains from voting on proposals related to incentive- or reward-structure adjustments as a fundamental policy since April 2023, allowing the community to dictate the outcome. *
Proposal:COSMOS HUB #1005
Vote:abstain
Title:Bridging Worlds: Empowering Cosmos with an Ethereum NFT Bridge
Rationale:CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. *
Proposal:OSMOSIS #960
Vote:abstain
Title:Top of Block Revenue Usage as OSMO Liquidity and Buyback
Rationale:CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. *
Proposal:AGORIC #101
Vote:no
Title:YMax Alpha 1.1: Unblock Proposal 100 Execution
Rationale:CryptoCrew votes NO to highlight the governance oversight in Proposal 100 — deployment should follow completed audits and integration checks, not rely on urgent fixes post-launch.
Proposal:DYDX PROTOCOL #263
Vote:yes
Title:Wind down TIBBIR-USD and DAKU-USD markets
Rationale:CryptoCrew votes YES to responsibly wind down inactive markets TIBBIR-USD and DAKU-USD, marking them for final settlement.
Proposal:INJECTIVE #540
Vote:yes
Title:Settle Various Perpetuals Across Injective DEXs
Rationale:CryptoCrew is aligned with closing out the WTI/USDT PERP, iMCD/USDT PERP, PLUME/USDT PERP, LAUNCHCOIN/USDT PERP, AXL/USDT PERP, and SIGN/USDT PERP markets as proposed.
Proposal:XION #44
Vote:yes
Title:Software Upgrade v20
Rationale:CryptoCrew welcomes the upgrade to v20.0.0 at block #10930000, which removes the deprecated feeabs module, enforces a minimum validator commission, and updates dependencies to cosmos-sdk v0.50.3, cometbft v0.38.4, and wasmd v0.45.0 while improving mintxfee testing and CI stability.
Proposal:XION #45
Vote:yes
Title:Extend Mainnet Expedited Voting Period
Rationale:CryptoCrew recognizes the proposal to update the expedited voting period from 6 hours to 24 hours.
Proposal:AGORIC #101
Vote:yes
Title:YMax Alpha 1.1: Unblock Proposal 100 Execution
Rationale:CryptoCrew approves proposal 101 on agoric-3 after direct conversations with the Agoric OpCo
Proposal:DYDX PROTOCOL #264
Vote:abstain
Title:Kuyen Labs - VIP Affiliate Whitelist Proposal
Rationale:CryptoCrew abstains from voting on proposals related to incentive- or reward-structure adjustments as a fundamental policy since April 2023, allowing the community to dictate the outcome. *
Proposal:PERSISTENCE #142
Vote:abstain
Title:Incentivization of Persistence DEX pools with stkXPRT rewards for August 2025
Rationale:CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. *
Proposal:COSMOS HUB #1006
Vote:abstain
Title:Connecting Businesses: Empowering Stack Adoption with a Data Bridge (using NFTs)
Rationale:CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. *
Proposal:INITIA #54
Vote:yes
Title:Contract Update: Support Non-proportional Liquidity Provision
Rationale:CryptoCrew acknowledges the upgrade to Initia DEX and VIP contracts, bringing flexible liquidity provisioning and better staking logic.
Proposal:INITIA #55
Vote:yes
Title:Contract Update: Event Transparency for Fungible Assets and NFTs
Rationale:CryptoCrew appreciates the addition of sender and receiver data, NFT metadata in mint events, and owner-aware deletion logs to event emissions for fungible and non-fungible tokens.
Proposal:INJECTIVE #541
Vote:yes
Title:Injective Evm Mainnet Upgrade
Rationale:CryptoCrew votes in support of the Injective mainnet upgrade to v1.16.0 at block #127250000, introducing Hyperdrive EVM with MultiVM architecture, a universal UX with human-readable values, an enhanced CLOB layer for order handling during congestion, and dynamic exchange scalability for a smoother trading experience.
* Rationale condensed for readability; refer to the full version above for details.