Solva Governance Update April 2026
7. May 2026
Dear Community,
We’re pleased to share an update on our governance activities for April 2026. This month, we screened over 35 networks and participated in voting on 37 proposals across 13 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 and Solva vote breakdown
In April, Solva voted on eight mainnet upgrade proposals across Cosmos Hub, Injective (#628), Injective (#632), Secret Network, BandChain, Quicksilver, XION, and MANTRA. These upgrades focused on infrastructure reliability, interoperability improvements, and security enhancements, ranging from Gaia’s v27.2.0 dependency refresh and Injective’s v1.18.3 and v1.19.0 performance upgrades to Secret Network’s v1.24.1 release, BandChain’s v3.1.3 oracle delivery improvements, Quicksilver’s ICA recovery enhancements, XION’s v29 zk-proof upgrades, and MANTRA’s v8.0.0 transition introducing ICS provider support and updated core dependencies.
Solva-supported upgrades (April 2026)
Outside of chain upgrades, April governance activity centered on perpetual market maintenance, cross-chain infrastructure recovery, and ecosystem security. The most consequential decisions included another extensive series of dYdX proposals covering perpetual market wind-downs, liquidity tier adjustments, tick size parameter updates, governance process changes, and incentive-related discussions, alongside multiple Injective proposals finalizing deprecated perpetual markets and refining exchange operations. Governance also continued to play an important defensive role across the ecosystem, with several spam and phishing proposals on Cosmos Hub and Osmosis receiving NO_WITH_VETO votes due to malicious links and user safety concerns. In parallel, multiple IBC light client recovery proposals across Osmosis and Secret Network helped restore and maintain cross-chain connectivity. Together, these proposals reflected a month focused on operational maintenance, market optimization, infrastructure resilience, and ecosystem security rather than sweeping protocol-level redesigns.
As usual, you can find the full list of proposals we voted on in April 2026 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.
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 Solva (CryptoCrew) Team ✅
| Proposal: | DYDX PROTOCOL #373 |
| Vote: | yes |
| Title: | Wind down AERO-USD, ANIME-USD, BANANA-USD, CORE-USD, CVX-USD, DASH-USD, DEGEN-USD, FLR-USD, GOAT-USD, HNT-USD, IOTA-USD, IOTX-USD and IP-USD markets |
| Rationale: | CryptoCrew supports proposal #373 to wind down 13 markets (AERO, ANIME, BANANA, CORE, CVX, DASH, DEGEN, FLR, GOAT, HNT, IOTA, IOTX, IP) by setting them to final settlement and disabling trading, streamlining the protocol and removing underutilized markets. |
| Proposal: | DYDX PROTOCOL #374 |
| Vote: | yes |
| Title: | Wind down JASMY-USD, KOMA-USD, LINEA-USD, ME-USD, NEIRO-USD, PIPPIN-USD, RAY-USD, TRB-USD, TRY-USD, USDE-USD, YFI-USD and ZEREBRO-USD markets |
| Rationale: | CryptoCrew backs proposal #374 to wind down JASMY-USD, KOMA-USD, LINEA-USD, ME-USD, NEIRO-USD, PIPPIN-USD, RAY-USD, TRB-USD, TRY-USD, USDE-USD, YFI-USD, and ZEREBRO-USD by moving the markets to final settlement and disabling trading. |
| Proposal: | DYDX PROTOCOL #375 |
| Vote: | abstain |
| Title: | Refund BTC and BONK fees incurred from March 30, 2026 02:39:49 UTC to March 31st, 2026, 23:59:59 UTC |
| 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 #628 |
| Vote: | yes |
| Title: | Real-Time USDC Mainnet Upgrade |
| Rationale: | CryptoCrew votes in favor of the Injective Mainnet upgrade to v1.18.3 at block #161472000, improving USDC interoperability, derivatives market resilience, and margin enforcement, while including v1.18.2 updates like JSON-RPC improvements, permissions module changes, and critical bug fixes across exchange, EVM, and ledger modules. |
| Proposal: | SECRET NETWORK #346 |
| Vote: | yes |
| Title: | Secret Network v1.24 Upgrade |
| Rationale: | CryptoCrew endorses upgrading the Secret Network to v1.24.1 at block #24697000, adding cron functionality, simplifying enclave attestation by removing MRSIGNER requirements, supporting multiple machine IDs via governance, and enforcing SGX hardware standards by blocking EOL CPUs. |
| Proposal: | DYDX PROTOCOL #376 |
| Vote: | abstain |
| Title: | dYdX Surge Program - Season 12 Distribution |
| 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: | BAND PROTOCOL #19 |
| Vote: | yes |
| Title: | BCIP-19: BandChain Upgrade v3.1.3 Approach |
| Rationale: | CryptoCrew endorses the BandChain v3.1.3 upgrade, improving oracle data delivery by removing minimum soft deviation restrictions, supporting full price packet inclusion, and activating changes seamlessly via a soft upgrade at a predefined block height. |
| Proposal: | DYDX PROTOCOL #377 |
| Vote: | yes |
| Title: | Update CLOB Pair Tick Size for WTI CLOB Pair |
| Rationale: | CryptoCrew supports proposal #377 reducing the step_base_quantums to 1000 for the WTI CLOB pair (id 390), effectively decreasing tick size to improve price granularity and trading precision while maintaining STATUS_ACTIVE. |
| Proposal: | COSMOS HUB #1028 |
| Vote: | yes |
| Title: | Gaia v27.2.0 Upgrade |
| Rationale: | CryptoCrew supports the Gaia v27.2.0 upgrade at block height 30675400, upgrading wasmd to v0.60.6, ledger-cosmos-go to v1.0.0, and gRPC to v1.79.3 to ensure dependency stability and compatibility. |
| Proposal: | COSMOS HUB #1029 |
| Vote: | abstain |
| Title: | Acquisition and Merger of Osmosis into the Cosmos Hub |
| Rationale: | CryptoCrew has decided to abstain from participating in any community pool spend proposals or any proposals related to spending in general 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 #1007 |
| Vote: | abstain |
| Title: | Integration and Migration of Osmosis into the Cosmos Hub |
| Rationale: | CryptoCrew has decided to abstain from participating in any community pool spend proposals or any proposals related to spending in general 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: | INJECTIVE #629 |
| Vote: | yes |
| Title: | Settle Deprecated Perpetuals on Injective Exchange dApps |
| Rationale: | CryptoCrew votes YES on settling BTC/AUSD PERP, L1X/USDT PERP, and AIX/USDT PERP markets via oracle price at execution, finalizing legacy positions and reducing protocol maintenance overhead. |
| Proposal: | DYDX PROTOCOL #378 |
| Vote: | yes |
| Title: | Upgrade WTI-USD market from ISOLATED to CROSS and/or change liquidity tier |
| Rationale: | CryptoCrew affirms prop #378 upgrading the WTI-USD perpetual (id 390) from ISOLATED to CROSS margin while setting liquidity tier to 2, improving capital efficiency & margin flexibility. |
| Proposal: | QUICKSILVER #64 |
| Vote: | yes |
| Title: | Upgrade to v1.10.2 |
| Rationale: | CryptoCrew favors upgrading the Quicksilver mainnet to v1.10.2 at block #17775700, resolving ICA ack relay blocking issues across cosmoshub-4, osmosis-1, and sommelier-3 while retiring stargaze-1 and omniflixhub-1 zones and settling pending redemptions by returning user-owned funds via qAssets. |
| Proposal: | OSMOSIS #1008 |
| Vote: | yes |
| Title: | Recover expired IBC client for Dyson Protocol (07-tendermint-2407) |
| Rationale: | CryptoCrew backs the Osmosis <-> Evmos IBC client recovery after successfully validating the client states: Substitute Client — 07-tendermint-3677 (height 50097410) host: EABF044F250CD8648B1849DED3223E1122007E29D2B4678109BF5A9B17CC9061 reference: EABF044F250CD8648B1849DED3223E1122007E29D2B4678109BF5A9B17CC9061 ✅ substitute client valid |
| Proposal: | SECRET NETWORK #347 |
| Vote: | yes |
| Title: | IBC Client Recovery: Revive Secret ↔ Jackal Channel |
| Rationale: | CryptoCrew votes positive regarding the Secret Network <-> Jackal Channel IBC client recovery after successfully validating the client states: Substitute Client — 07-tendermint-236 (height 17510874) host: 37D5B66694984F1FD836A7E033BC8ABB7C1077CCEA455C5F1931A9C79B888543 reference: 37D5B66694984F1FD836A7E033BC8ABB7C1077CCEA455C5F1931A9C79B888543 ✅ substitute client valid |
| Proposal: | NOLUS #331 |
| Vote: | yes |
| Title: | Delist Neutron-based Gas Denoms |
| Rationale: | CryptoCrew endorses the cleanup of gas payment assets by excluding NTRN and Neutron-based USDC, ensuring consistency with the already delisted Neutron market. |
| Proposal: | DYMENSION #39 |
| Vote: | yes |
| Title: | Update USDT send rate limit from 15% to 100% |
| Rationale: | CryptoCrew acknowledges proposal #39, increasing the USDT send rate limit from 15% to 100%, enabling unrestricted transfers across the network. |
| Proposal: | XION #57 |
| Vote: | yes |
| Title: | Software Upgrade v29 |
| Rationale: | CryptoCrew expresses support for upgrading XION to v29 at block #20665000, incorporating new ZK proof backends, extending JWT verification with JWS compatibility, enforcing proof size governance limits, adding panic recovery safeguards, and updating dependencies such as wasm v0.61.10 and barretenberg-go v0.2.0. |
| Proposal: | SECRET NETWORK #349 |
| Vote: | abstain |
| Title: | Recover expired IBC client for Jackal |
| Rationale: | CryptoCrew abstains from voting on the Secret Network – Jackal IBC client upgrade due to inability to verify the client caused by infrastructure issues. |
| Proposal: | OSMOSIS #1009 |
| Vote: | no_with_veto |
| Title: | ATOM Airdrop Play & WIN - New Version 2026 |
| Rationale: | CryptoCrew advises users to take caution, warning that the proposal’s links point to malicious domains that pose risks to both user safety and chain integrity. |
| Proposal: | COSMOS HUB #1030 |
| Vote: | no_with_veto |
| Title: | 💎ATOM Airdrop 2026 ✅ PLAY & WIN ⭐ New Version! |
| Rationale: | CryptoCrew advises users to take caution, warning that the proposal’s links point to malicious domains that pose risks to both user safety and chain integrity. |
| Proposal: | TERRA2 #4848 |
| Vote: | abstain |
| Title: | Reduce MaxValidators from 130 to 100 |
| Rationale: | CryptoCrew abstains on reducing the validator set from 130 to 100, as such changes directly impact decentralization, validator participation, and rewards. While intended to improve performance, we maintain neutrality and defer the decision to the broader community. |
| Proposal: | INJECTIVE #630 |
| Vote: | yes |
| Title: | Settle Deprecated Perpetuals on Injective Exchange dApps |
| Rationale: | CryptoCrew aligns with this proposal to finalize and settle legacy perpetual markets (W, SKY, MEGA, 2Z, XPL) |
| Proposal: | OSMOSIS #1010 |
| Vote: | yes |
| Title: | Recover IBC Light Client 07-tendermint-1923 (AssetMantle) to Revive MNTL↔OSMO Bridge |
| Rationale: | CryptoCrew backs the AssetMantle <-> Osmosis Bridge IBC light client recovery after successfully validating the client states: Substitute Client — 07-tendermint-3679 (height 22002668) host: 185FC6BA33A920701C0A06625C76BFA98ED4BDF1D316B2DF9940CDBF4C23085F reference: 185FC6BA33A920701C0A06625C76BFA98ED4BDF1D316B2DF9940CDBF4C23085F ✅ substitute client valid |
| Proposal: | MANTRA ZONE #30 |
| Vote: | yes |
| Title: | v8.0.0 MAINNET MANTRA Chain Upgrade |
| Rationale: | Solva favors the MANTRA Chain v8.0.0 upgrade at block #14488888, adding ICS provider support, resolving EVM gRPC race conditions and blacklist enforcement gaps, removing oracle and marketmap modules, and upgrading core dependencies to CometBFT 0.38.21 and mantra v0.6.x.IPFS CID: QmRD3Swztqa4HHTtGjrwsGJRr1xmBLYX2tCNLs4LWdLh7a |
| Proposal: | DYDX PROTOCOL #379 |
| Vote: | yes |
| Title: | Upgrade XAG-USD market from ISOLATED to CROSS and/or change liquidity tier |
| Rationale: | CryptoCrew favors the upgrade of XAG-USD to a CROSS margin market with liquidity tier 2, enabling more efficient collateral usage |
| Proposal: | INJECTIVE #631 |
| Vote: | abstain |
| Title: | OLP Reward Disbursement – Epoch 57 |
| Rationale: | CryptoCrew abstains from voting on proposals related to incentives or rewards 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: | BAND PROTOCOL #20 |
| Vote: | yes |
| Title: | BCIP-20: Upgrade to v3.1.3 - Height Deadline Confirmation |
| Rationale: | CryptoCrew is in favor of finalizing the v3.1.3 rollout at height #64214000, enabling a non-disruptive switch to the updated oracle validation logic and dependency stack. |
| Proposal: | DYDX PROTOCOL #380 |
| Vote: | abstain |
| Title: | Fee Holiday for BTC & BONK markets - May 2026 |
| Rationale: | CryptoCrew abstains from voting on proposals related to incentives or rewards 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: | OSMOSIS #1012 |
| Vote: | no |
| Title: | Whitelist AIForge's deployment Address to Upload Contracts |
| Rationale: | CryptoCrew opposes this proposal citing a combination of concerns: unclear contract audit status, insufficient transparency in the GitHub repository, no proven track record within the Osmosis ecosystem, and doubts regarding the project’s readiness and overall viability. |
| Proposal: | INJECTIVE #632 |
| Vote: | yes |
| Title: | Injective Mainnet Performance Upgrade |
| Rationale: | CryptoCrew supports the Injective v1.19.0 upgrade at block #164394000, enhancing the exchange module with a true Auto-Deleveraging (ADL) system, extending notional and tick size rules to synthetic markets, and improving auction efficiency for INJ burn mechanisms. |
| Proposal: | OSMOSIS #1011 |
| Vote: | yes |
| Title: | Recover IBC light client for Xrplevm |
| Rationale: | CryptoCrew backs the Xrplevm <-> Osmosis IBC light client recovery after successfully validating the client states: Substitute Client — 07-tendermint-3680 (height 5547465) host: B725B17812E5CEBAFD072EF360683CA9AC542F4AC2C956B8D4A6CFCAB8EE9CB4 reference: B725B17812E5CEBAFD072EF360683CA9AC542F4AC2C956B8D4A6CFCAB8EE9CB4 ✅ substitute client valid |
| Proposal: | DYDX PROTOCOL #381 |
| Vote: | abstain |
| Title: | Add order router rev share for NautilusTrader |
| Rationale: | CryptoCrew abstains from voting on proposals related to incentives or rewards 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: | COSMOS HUB #1031 |
| Vote: | no_with_veto |
| Title: | ATOM Airdrop Congratulations |
| Rationale: | CryptoCrew advises users to take caution, warning that the proposal’s links point to malicious domains that pose risks to both user safety and chain integrity. |
| Proposal: | KAVA #215 |
| Vote: | abstain |
| Title: | Phase 1: Cap Kava CDP and Lend Debt, Extend Incentive Claims |
| Rationale: | CryptoCrew abstains from voting on proposals related to incentives or rewards 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: | DYDX PROTOCOL #382 |
| Vote: | yes |
| Title: | Wind down AKT-USD, GNO-USD, MNRY-USD and MOG-USD markets |
| Rationale: | CryptoCrew favors deprecating four underutilized markets (AKT-USD, GNO-USD, MNRY-USD, and MOG-USD) via coordinated CLOB and market parameter updates, ensuring orderly settlement and reduced protocol maintenance overhead. |
