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#1013

FAILED

Migrate Stride to opt-in PSS

Proposal Type: Standard Proposal

Submitted On:

October 8, 2025 at 7:07 PM

Deposit:

500 ATOM

Proposal Contents (*the original text from the proposer)

NOTE: The previous prop #1012 contained an error, this is the replacement.

SUMMARY: Stride moves from ICS Top-N (95%) to an opt-in PoA-style model with 7 equal-weight validators, and control of ICS config shifts from Hub governance to a Stride Association multisig. Fees will pay those 7 validators directly.

Why

  • ICS is being sunset (planned 2026) and doesn't cover validator costs.
  • Current flow sends revenue to stakers; validator commissions are negligible.

What changes (Hub)

  • Submit MsgUpdateConsumer to:
    • Set new owner = Stride Association multisig.
    • topN: 0 (opt-in), validatorSetCap: 7, validatorsPowerCap: 1.
    • Allowlist the 7 validators.

Validators (7)

  • Imperator, Polkachu, Stakecito, Keplr, Cosmostation, Lavender.Five, Citadel.One.

Follow-on (Stride)

  • Redistribution 85% → 100%.
  • Pay fees directly to the 7 validators' fee addresses.

Forum: https://forum.cosmos.network/t/migrate-stride-to-opt-in-pss/16241

Voting Results

Status: Quorum Not Met
(0.00% of the required 33.40%)
Tokens Voted
122,115,671
Yes
2,715,183
2.2%
No
116,635,636
95.5%
No With Veto
421,477
0.3%
Abstain
2,343,375
1.9%