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Proposal #2

PASSED

  • TitleEnabling IBC on Crypto.org Chain Mainnet
  • Description

    The Inter-Blockchain Communication Protocol (IBC) enables self-sovereign networks to connect, which will lead to building a strong ecosystem of networks thanks to the flexibility and open nature of IBC. The IBC launch marks the end of network tribalism. It also aligns with one of Crypto.org Chain’s goals to build an open ecosystem — one that is welcoming to and supported by innovative projects, including Payment, DeFi and NFT initiatives. Specifically, the IBC performs the role of a bridge among different blockchains, and this network of interconnected blockchains facilitates message communications and feature exchanges between chains with different infrastructure design and consensus algorithms. This upgrade will unlock the huge potential and create new capabilities for future cross-chain implementations of Crypto.org Chain and other IBC-enabled chains. The proposal enables transferring and receiving assets using the ICS20 standard on the Crypto.org Chain mainnet. If this proposal passes, IBC assets will be available in the Bank module of the Crypto.org Chain, and CRO will be available on other IBC-enabled chains, e.g., Cosmos Hub, IRISnet, and more to come.

  • TypeParameter Change
  • Proposer
  • Total Deposit
    20,010 CRO
  • Submit Time
    16 Apr 2021 04:34:16 GMT
  • Deposit End TimeEnded
  • Voting Start Time
    17 Apr 2021 05:09:30 GMT
  • Voting End Time
    01 May 2021 05:09:30 GMT
Results

  • Abstain
    105,115.3695 CRO
    (0.00%)
  • No
    57,913.17438541 CRO
    (0.00%)
  • No With Veto
    2 CRO
    (0.00%)
  • Yes
    2,913,808,341.59452731 CRO
    (99.99%)