CryptoCrew Validators Governance Update August 2025

31. July 2025

Dear Community,

We’re pleased to share an update on our governance activities for August 2025. This month, we screened over 35 networks and participated in voting on 70 proposals across 17 different chains, consistently advocating for the best interests of our delegators. Below is a chart highlighting the top 10 most active networks and a breakdown of our votes:

 

Top 10 most active chains by governance proposals and CryptoCrew vote breakdown
Top 10 most active chains by governance and CryptoCrew vote breakdown

CryptoCrew also supported six mainnet upgrades this month across Osmosis, Injective, dYdX, Stargaze, and Agoric.

 

August 2025 chain upgrades
CryptoCrew-supported upgrades (Aug 2025)

Cosmos Hub Proposal #1007 aimed to enable permissionless CosmWasm smart contract deployment on the Hub. The proposal was ultimately passed by the community. While this expands the Hub’s smart contract capabilities, it also marks a clear departure from the original Cosmos philosophy of keeping the Hub lean and focused on interchain security.

In August, the Akash community passed four proposals focused on incentivizing usage, supporting ecosystem tooling, and funding events (Proposals #297–300). These proposals received strong support from voters. Proposal #302, the Akash Adoption Lab initiative, was rejected due to concerns over transparency, unclear origin, and a lack of prior discussion.

Injective governance also reviewed three proposals, #547, #548, and #552, relating to the whitelisting of HyperNinja contracts:

Proposal #547: Sought to whitelist HyperNinja addresses for mainnet beta testing. Rejected by the community.
Proposal #548: A similar follow-up, requesting permission to upload Wasm contracts. Also rejected.
Proposal #552: A third submission of the same proposal, unchanged. Despite prior rejections and a No_With_Veto vote from CryptoCrew, this version was approved by the community.

You can find the full list of proposals we voted on this month by scrolling down below.

Your delegations allow us to maintain the quality of this service and represent our collective interests in governance. Remember, you can always override our vote with your own preferences on any active proposal. We appreciate your continued trust and support.

Kind regards,
The CryptoCrew Team ✅

Proposal:INJECTIVE #542
Vote:yes
Title:Unpause iMETA/USDT Perp Market on Injective Exchange dApps
Rationale:CryptoCrew supports resuming the iMETA/USDT PERP with a 10x leverage cap
Proposal:OSMOSIS #963
Vote:yes
Title:Alloyed BTC: Adjust Static Caps for WBTC Variants
Rationale:CryptoCrew welcomes the reduction of WBTC variant caps to 95%, encouraging the adoption of more decentralized alternatives in Alloyed BTC.
Proposal:OSMOSIS #964
Vote:abstain
Title:Monthly OSMO Taker Fee Burn: July 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 #962
Vote:yes
Title:Alloyed BTC: Add BTC.int3
Rationale:CryptoCrew endorses the addition of BTC.int3, bridged via Int3face, to Alloyed BTC on Osmosis with an initial static cap of 2%.
Proposal:OSMOSIS #961
Vote:yes
Title:Osmosis v30 Software Upgrade
Rationale:CryptoCrew welcomes the Osmosis mainnet upgrade to v30.0.0 at block #41332000, introducing permissionless Supercharged pool creation, increasing the minimum gas price to 0.01 uosmo/gas, and updating dependencies to Cosmos SDK v0.50.14, Go v1.23, and Wasmd v0.45.0.
Proposal:NILLION #1
Vote:yes
Title:Enable Withdraw Address on Nillion (SetWithdrawAddress → true)
Rationale:CryptoCrew backs the parameter change to WithdrawAddrEnabled: true, allowing staking rewards to be redirected to custom addresses for enhanced UX.
Proposal:BAND PROTOCOL #16
Vote:yes
Title:BCIP-16: Launching the First TSS Group on BandChain
Rationale:CryptoCrew is aligned with initiating BandChain’s first TSS group (Threshold Signature Scheme) through the bandtss module, using a trusted validator set to support a reliable rollout.
Proposal:INJECTIVE #543
Vote:yes
Title:Update Market Params for XRP/USDT and PUGGO/INJ spot markets on Injective Exchange dApps
Rationale:CryptoCrew favors updating the spot market tick sizes to 0.001 for XRP/USDT and 0.0000000001 for PUGGO/INJ.
Proposal:INJECTIVE #544
Vote:yes
Title:Injective Mainnet Performance Upgrade
Rationale:CryptoCrew approves to upgrade the Injective mainnet to v1.16.1 to address important liveliness issues in v1.16.0
Proposal:DYDX PROTOCOL #265
Vote:abstain
Title:Surge Season 4 Incentive Distribution 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. 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:INJECTIVE #545
Vote:yes
Title:Update Market Params for XRP/USDT spot market on Injective Exchange dApps
Rationale:CryptoCrew agrees with adjusting the XRP/USDT spot market’s quantity tick size to 0.1 for improved trading precision.
Proposal:AKASH NETWORK #297
Vote:abstain
Title:Akash Tenant Incentives Pilot
Rationale:CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. *
Proposal:INITIA #56
Vote:yes
Title:Standardize and Reduce All OP Bridge Withdrawal Periods
Rationale:CryptoCrew supports reducing the OP Bridge finalization period from 604800s to 86400s across 12 rollups, significantly improving withdrawal UX while maintaining security
Proposal:DYDX PROTOCOL #266
Vote:yes
Title:Upgrade ZORA-USD and BONK-USD markets from ISOLATED to CROSS and/or change liquidity_tiers
Rationale:CryptoCrew affirms the update of ZORA-USD and BONK-USD liquidity tiers based on user demand and liquidity depth.
Proposal:AGORIC #103
Vote:yes
Title:YMax Alpha 1.2: Additional Protocols for Alpha Testing
Rationale:CryptoCrew acknowledges the proposal executing commit 63f4816, which effectively deploys the permissioned YMax portfolio contract along with all required Axelar routing and oracle dependencies.
Proposal:DYDX PROTOCOL #268
Vote:abstain
Title:dYdX Foundation Grants Proposal
Rationale:CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. *
Proposal:DYDX PROTOCOL #267
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 #325
Vote:yes
Title:v17 Upgrade
Rationale:CryptoCrew welcomes the Stargaze mainnet upgrade to v17.0.0 at block #23132641, which bumps cosmos-sdk to v0.50.14, updates cometbft to v0.38.18, adjusts wasmd to v0.54.1, wasmvm to v2.2.4 and adds further key Stargaze module improvements.
Proposal:OSMOSIS #965
Vote:yes
Title:Community Pool Denom Whitelist Review
Rationale:CryptoCrew votes in favor of narrowing the taker fee denom whitelist to USDC, USDT, USDY, USDN, BTC, ETH, wstETH, and SOL, concentrating community pool collections into high-liquidity assets
Proposal:MANTRA ZONE #15
Vote:yes
Title:Chain Security Improvements
Rationale:CryptoCrew currently votes NO on the proposed parameter changes, as the existing onchain parameters already match the proposed values and the active set consists of 29 validators
Proposal:OSMOSIS #966
Vote:yes
Title:Alloyed BTC: Partial Reversion of Static Cap reduction for WBTC
Rationale:CryptoCrew backs increasing WBTC’s cap from 45% to 50% and WBTC.eth.axl’s cap from 40% to 50%, ensuring smooth routing across the Alloyed BTC composition.
Proposal:AKASH NETWORK #298
Vote:abstain
Title:Community Support for Akash Chat, Akash ChatAPI, and AkashGen
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:BABYLON #13
Vote:abstain
Title:Signalling Proposal: Programmatic Deflation of BABY
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:INJECTIVE #546
Vote:yes
Title:Launch NVIDIA H100 Hourly Perpetuals on Injective Exchange dApps
Rationale:CryptoCrew votes yes to launch the H100/USDT PERP Market across Injective Exchange dApps with a 5x leverage and initial margin parameters set to 0.181818 and maintenance to 0.01
Proposal:NOLUS #304
Vote:yes
Title:Update Oracle Swap Tree (Osmosis Noble USDC)
Rationale:CryptoCrew favors the oracle swap tree optimizations for the Osmosis USDC, changing the NIL swap routes as stated to the Supercharged NIL/USDC #3090 pool
Proposal:INITIA #57
Vote:abstain
Title:Embr VIP Operator Commission Updates
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:SECRET NETWORK #328
Vote:abstain
Title:Move Community Pool Treasury to SNF
Rationale:CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. *
Proposal:INJECTIVE #547
Vote:no
Title:Whitelist HyperNinja Address for the game Mainnet beta testing and the official launch
Rationale:CryptoCrew opposes the whitelisting of Hyperninjas addresses, citing failure to present the project and contracts for governance discussion, non-disclosure of source and audit status, and lack of Testnet deployment, which poses unacceptable risks to both user funds and chain security.
Proposal:AKASH NETWORK #299
Vote:abstain
Title:Blockworks Research: Akash Network Data-Dashboard
Rationale:CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. *
Proposal:INJECTIVE #548
Vote:no
Title:Whitelist HyperNinja Addresses for Wasm Upload
Rationale:CryptoCrew opposes the whitelisting of Hyperninjas addresses for the same reasons stated in Proposal #547, citing failure to present the project and contracts for governance discussion, non-disclosure of source code and audit status, and absence of Testnet deployment — all of which pose unacceptable risks to both user funds and chain security. We are considering a No_With_Veto vote due to this being a duplicate proposal with identical terms.
Proposal:INITIA #58
Vote:yes
Title:Delist BFB from Minitswap
Rationale:CryptoCrew votes in support of delisting BFB from Minitswap by adding the deregister_pool function to enable rollup removal, applying it to retire the INIT.bfb pool as the rollup winds down operations.
Proposal:INJECTIVE #549
Vote:yes
Title:Modify Tickers for iAsset Perp Markets
Rationale:CryptoCrew backs renaming all twelve iAsset perpetual tickers—COIN, MSFT, NFLX, AAPL, MSTR, NVDA, META, GOOGL, TSLA, AMZN, CRCL, and HOOD—so they match their underlying equity names and introducing a 0.00275% hourly funding rate cap for SBET/USDT PERP
Proposal:INJECTIVE #550
Vote:yes
Title:Injective Mainnet Performance Upgrade
Rationale:CryptoCrew welcomes the Injective mainnet performance upgrade to v1.16.2 at block #129772500, which updates the injectived and peggo binaries to v1.16.2 and compiles with Go v1.23.9, enhancing network performance and scalability.
Proposal:NOLUS #305
Vote:yes
Title:Pin Contract Codes (v0.8.16)
Rationale:CryptoCrew votes in favor of pinning the 63 contract code IDs introduced in v0.8.16 of Nolus smart contracts, covering all 10 markets and the platform core, to optimize execution efficiency and reduce gas costs.
Proposal:AKASH NETWORK #300
Vote:abstain
Title:2025 Q3 Events Resourcing Proposal
Rationale:CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. *
Proposal:AKASH NETWORK #301
Vote:abstain
Title:Blockworks Research: Akash Data-Dashboard
Rationale:CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. *
Proposal:OSMOSIS #967
Vote:abstain
Title:Reduce Staking Subsidy to below Taker Fee Burn Rate
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 #968
Vote:yes
Title:Community Pool Cleanup and End of Manual BTC Purchases
Rationale:CryptoCrew supports disabling manual BTC buys and cleaning up idle community pool assets
Proposal:DYDX PROTOCOL #269
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:COSMOS HUB #1007
Vote:abstain
Title:Enable Permissionless CosmWasm Smart Contract Deployment on Cosmos Hub
Rationale:CryptoCrew abstains on enabling permissionless CosmWasm smart contract deployment, leaving the decision to the community. We highlight that such deployment would expand the Hub’s attack surface, potentially cascading risks to ICS consumer chains and the wider interchain economy. In our view, the Hub’s role as a neutral, high-security chain requires prioritizing systemic stability over speed of innovation, unlike app-chains.
Proposal:KAVA #203
Vote:abstain
Title:Recover IBC light client for Secret
Rationale:CryptoCrew abstains on the Kava <-> Secret IBC client revival proposal until the clients have been successfully verified by our team
Proposal:OSMOSIS #969
Vote:abstain
Title:Return excess profit from ProtoRev in exchange for 20% bounty
Rationale:CryptoCrew abstains in line with our policy on community pool spend proposals but encourages delegators to vote YES, returning ~733k USDC (~80% of ProtoRev’s profit) to the affected dYdX user while retaining ~183k USDC (~20%) in the community pool as bounty.
Proposal:PERSISTENCE #143
Vote:abstain
Title:Proposal for 1M XPRT allocation to enhance Persistence DEX & Interop incentives
Rationale:CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle.*
Proposal:NOLUS #306
Vote:yes
Title:Smart Contract Migration to v0.8.16
Rationale:CryptoCrew backs the Nolus smart contract upgrade to v0.8.16, which streamlines claiming after repayment, speeds up position openings, and shuts down inactive protocols. It also improves liquidity pool handling, strengthens permission checks, and enhances overall contract security and efficiency.
Proposal:OSMOSIS #970
Vote:abstain
Title:Revive expired IBC client for Bluzelle
Rationale:CryptoCrew abstains on the Osmosis <-> Bluzelle IBC client revival proposal until the clients have been successfully verified by our team
Proposal:MANTRA ZONE #16
Vote:yes
Title:Increase Active set for Decentralization of Network
Rationale:CryptoCrew votes YES on Proposal #16 to increase the Mantrachain active validator set from 29 to 30, as expanding the active set strengthens network decentralization and resilience.
Proposal:MANTRA ZONE #17
Vote:yes
Title:OM Homecoming: Establishing MANTRA Chain as OM's Native Foundation
Rationale:CryptoCrew embraces the transition of OM from its ERC20 origins on Ethereum to a fully native MANTRA Chain token, establishing MANTRA as OM’s definitive foundation.
Proposal:AGORIC #104
Vote:yes
Title:YMax Alpha 1.3: Delegate Control of ymax0 Contract
Rationale:CryptoCrew supports this proposal as it speeds up ymax0 testing under Agoric OpCo, while leaving the public ymax under staker governance.
Proposal:STARGAZE #326
Vote:no_with_veto
Title:Integration of Stargaze into Nebula7 for Quick Crypto-Backed Loans
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:XION #46
Vote:yes
Title:Treasury Contract Upgrade
Rationale:CryptoCrew approves the previously audited Burnt Labs Treasury contract update, improving state management and user permissions.
Proposal:SECRET NETWORK #329
Vote:abstain
Title:Recover Client
Rationale:CryptoCrew abstains on Secret client revival proposal until the clients have been successfully verified by our team
Proposal:NOLUS #307
Vote:yes
Title:Close Inactive Market (stATOM Short)
Rationale:CryptoCrew agrees to close the inactive stATOM short market within the Nolus protocol, with all remaining funds first returned to lenders before the market is shut down to keep the protocol efficient.
Proposal:DYDX PROTOCOL #270
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 #327
Vote:no_with_veto
Title:Borrow $ATOM = buy $Stargaze ✅
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:OSMOSIS #971
Vote:yes
Title:Add MsgExec to Allowed ICA Messages List
Rationale:CryptoCrew welcomes the addition of MsgExec to the ICA allowed messages whitelist on Osmosis, extending delegated execution beyond EOAs and contracts to interchain accounts, enabling a wider range of cross-chain actions such as staking, transfers, and governance in line with other ICS-enabled Cosmos chains.
Proposal:MANTRA ZONE #18
Vote:abstain
Title:Return Inflation to the target rate of 8%
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:INJECTIVE #552
Vote:no_with_veto
Title:Whitelist Hyper Ninja Addresses for Wasm Upload
Rationale:CryptoCrew opposes the whitelisting of Hyperninjas addresses for the same reasons stated in Proposal #547, and #548 citing failure to present the project and contracts for governance discussion, non-disclosure of source code and audit status, and absence of Testnet deployment — all of which pose unacceptable risks to both user funds and chain security. We previously noted that a No_With_Veto might be warranted, and now view it as necessary since this proposal has been resubmitted a third time unchanged despite prior community rejection.
Proposal:PERSISTENCE #144
Vote:abstain
Title:Incentivization of Persistence DEX pools with stkXPRT rewards for September 2025
Rationale:CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. *
Proposal:NOLUS #308
Vote:yes
Title:Update Oracle Swap Trees (Osmosis axlUSDC and allSOL)
Rationale:CryptoCrew acknowledges the Oracle swap tree update of the SCRT route in the axlUSDC market to pool 1095, the delisting of STRD and STARS due to low liquidity and inactivity, and the adjusted allSOL routing through the allSOL/allBTC pool to ensure stronger liquidity conditions.
Proposal:INJECTIVE #553
Vote:yes
Title:Update H100/USDT PERP Hourly Funding Rate Cap on Injective Exchange dApps
Rationale:CryptoCrew approves lowering the hourly funding rate cap for H100/USDT PERP from 0.0625% to 0.00275% on Injective Exchange dApps, reducing volatility in funding payments.
Proposal:AKASH NETWORK #302
Vote:abstain
Title:Akash Adoption Lab
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. *
Proposal:AKASH NETWORK #302
Vote:no
Title:Akash Adoption Lab
Rationale:CryptoCrew rejects the community pool funding proposal for Akash Adoption Lab, citing unclear origin, lack of introduction, and absence of community discussion.
Proposal:AGORIC #105
Vote:abstain
Title:Agoric Developer Toolkit & Workshop Series
Rationale:CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. *
Proposal:INJECTIVE #554
Vote:abstain
Title:OLP Reward Disbursement – Epoch 48
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 #972
Vote:abstain
Title:Revive expired IBC client for LikeCoin
Rationale:CryptoCrew abstains on the Osmo client revival proposal until the clients have been successfully verified by our team
Proposal:DYDX PROTOCOL #271
Vote:yes
Title:dYdX Chain Software Upgrade v9.0
Rationale:CryptoCrew welcomes the dYdX Chain mainnet upgrade to v9.0.0 at block #54450000, introducing TWAP order support, order-router revenue sharing, proposer set reduction, and updating all neccesary dependencies to their latest versions.
Proposal:OSMOSIS #974
Vote:abstain
Title:Alloyed DOT: Redeem Corrupted DOT.pica
Rationale:CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. *
Proposal:OSMOSIS #975
Vote:abstain
Title:Withdraw and Convert Redemption Rate Vault Assets to BTC
Rationale:CryptoCrew has decided to abstain from participating in any community pool spend proposals as a matter of principle. *
Proposal:OSMOSIS #976
Vote:abstain
Title:Reduce Validator Set to 100
Rationale:CryptoCrew abstains on the Validator Set Reduction proposal to avoid conflicts of interest tied to validator rewards, instead leaving this governance choice fully to the community.
Proposal:DYDX PROTOCOL #272
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:AGORIC #106
Vote:yes
Title:YMax Alpha 1.4: Improve Robustness for Control of ymax0 Contract
Rationale:CryptoCrew supports the YMax alpha 1.4 rollout, ensuring cleaner state management by resolving the faulty contract reference left from alpha 1.3.
* Rationale condensed for readability; refer to the full version above for details.