As the deadline looms ever closer, things are really spicing up in the battle for prop #82. At the time of writing, the votes stand at 62.35% Yes and 30.79% NoWithVeto.
In contrast, just four days ago, the votes were as follows: Yes 69.06% and NoWithVeto 25.55%. It is clear that sentiments are beginning to change as the NoWithVeto camp garners more support. However, time is running out with just a few days remaining.
Check out the live voting percentages here:
Validator Updates
AiB reiterated their NoWithVeto vote and urged the community to follow suit.
1/ After careful consideration, All in Bits (AiB) recommends the @cosmoshub community cast a strong No with Veto vote on #prop 82, ATOM 2.0.
— Ignite (@ignite_com) November 10, 2022
There are implementations in the proposal that do not align with our core values nor our security guidelines.
📝 https://t.co/Jim1FPiDR5 pic.twitter.com/szGWOeH8PF
In the linked document AiB explains an in-depth reasoning why they recommend a NWV vote. The main points discussed are:
- Innovation Should Not Compromise Economic Security
- Liquid staking, while attractive to many participants in the ecosystem, poses a plethora of security concerns that must be addressed.
- Proposed Changes to Tokenomics Are Detrimental to ATOM Holders
You can check out this one-pager at the Cosmos Network Forum link below:
TendermintHQ
Validator Votes & Re-votes
Last night, Smart Node Validators voted NoWithVeto on prop #82. They did not provide specific reasons for this, instead simply linking to AiB's NWV plea in the comments (post above).
We have voted "No with Veto" on prop 82, We would ask that people read it fully.https://t.co/quY3qChCG4
— SmartNodes Validator |🛡️ Proof of Stake (@nodes_smart) November 10, 2022
👉 Please see attached link in comments #ATOM #ATOM2 #COSMOS #CosmosEcosystem $ATOM pic.twitter.com/gdieUXfFeL
Another day, another revote as CryptoCrew Validators changed their vote last night from Yes to NoWithVeto. While they agreed they are not against all elements of prop #82, they state that the main reason for switching is that:
drastic changes like 82 should have an overwhelming majority support, it's clear that the community is split over 82, this is the reason why we veto
Please check out the Twitter post below for the thread and CryptoCrew's full explanation regarding their change of heart.
We're changing our vote on @cosmoshub prop 82 to NO_WITH_VETO.
— CryptoCrew Validators (@crypto_crew) November 10, 2022
After initially voting yes we have evaluated our decision and have changed our vote, here are our reasons and thoughts 🧵
S16 Research Ventures voted NoWithVeto today citing lack of clarity on the finer details as the reason for their decision.
"We understand that prop #82 is a signaling proposal with finer details left to be decided later -- still, for us, getting clarity on all key points is crucial. This will prevent unnecessary disagreements at every step of the implementation process."
1. After much thought and discussion, we have decided to vote NoWithVeto on @cosmoshub prop #82 (ATOM 2.0) for the following reasons.
— S16 Research Ventures (@S16RV) November 11, 2022
Treasury DAOs Working Document
Jehan Tweeted out that the major players are collaborating on a Treasury DAOs document. Check out the Tweet if you would like to read it or collaborate.
Underneath all the noise, the Atom 2.0 and Atom One camps all want the same thing: A healthy and growing Cosmos Hub. Me, @adriana_kalpa, @zmanian, @jaekwon, @jackzampolin and @buchmanster have been working on this doc, and are looking for collaborators https://t.co/8vPvcxaEP3
— jehan (@JTremback) November 10, 2022
We are passionate & we are loud. But we all want the best for @cosmoshub
— Adriana ⚛️ (@adriana_kalpa) November 10, 2022
As collaboration is what defines us as a community, we are working on a new proposal towards that goal.
It feels great to be able to contribute to the new vision of the Hub🙏
Join us https://t.co/MroOQdqfYV https://t.co/6XW9HsRN3B
Telegram
In the AtomGov Telegram chat discussions got heated, leading to a fracture and yet another new group chat being formed.
Hey @cosmoshub community, let’s talk about ATOM 2.0. pic.twitter.com/7Qk6BGXUEM
— Interchain Foundation (@interchain_io) November 11, 2022
At this point Jack decided to fill up the chat with countless pepe frog gifs.
This action led N J to ban him from the group.
The new chat, made by Jacob is called the Valid Hub Gov Chat
Here's what happened soon after the chat was created.
Cosmos Co-Founder Jae Kwon is doing a live stream today that you can view here:
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