Stargaze v10 upgrade
passed
Expected result
—
Turnout / Quorum
73.29% / 20.00%
Voting start 2023.06.05 at 18:06:55
Voting end 2023.06.08 at 18:06:55
97.16%
572 383 190 stars
Yes
0.00%
10 471 stars
No
2.78%
16 374 409 stars
Veto
0.06%
335 059 stars
Abstain
Details
Proposer
-
Total deposit
20 000 stars
Submit time
2023.06.05 at 18:06:55
Deposit end time
2023.06.19 at 18:06:55
Description
Stargaze v10 Upgrade\n\nNew Modules:\n- x/cron\n- x/globalfee\n\n\nThis upgrade includes version updates to CosmWasm, ibc-go and the sdk.\n- SDK v0.45.16\n- ibc-go 4.4.2\n- Wasmd v0.31.0\n- Tendermint v0.34.27 (Comet Fork)\n\n\n### Cron Module\nThe cron module allows smart contracts to receive begin and end blocker callbacks through sudo messages, enhancing functionality. However, this requires extra permissions from governance and on a case-by-case basis since this a privileged access that should only be given to a small set of smart contracts .\n\n\n### Global Fee Module\nThe global fee module has some similarities to Cosmos Hub module, with some additional configurations that allow specific smart contracts to keep utilizing zero gas, these configuratios are mantained by governance and an allowed list of addresses. Why is zero gas still important? Minting and Trading utilize Fair Burn mechanics, where the cost of storage and minting is covered by fees paid through these methods. For example, creating a collection has a fee of 3,000 STARS, listing 0.5 STARS, additionally 5% fee for mints and 2% trading fees.\n\nThe upgrade comes with a min-gas-price of 1ustars (micro STARS), and here are some values for reference:\n- 1ustars = 0.000001 STARS\n- 1ustars ~= 0.0014uatom = 0.0000000014 ATOM\n- 1ustars ~= 0.025uosmo = 0.000000025 OSMO\n\nWhy are fees essential for the remaining activity? Stargaze is evolving to support different products and protocols that don't necessarily use Fair Burn or built-in fee mechanics. To prevent attacks on the network is essential to introduce fees to remaining network activity. \n\n\n## Important Upgrade Notes\nIt's important that before running the v10 binary the wasm cache must be cleared. \n\n# Details of upgrade time\nThis proposal suggests block #8576398 for the upgrade, which is estimated to be at Thursday 8th June 17:30 UTC, using avg block time of 5.87 secs https://www.mintscan.io/stargaze/blocks/8576398\nWhen the network reaches the halt height, the state machine of the blockchain will be halted. Cosmovisor, if configured properly, will then switch the binary used for v10.0.0, and then the chain will continue to make progress.\nIn the event of an issue at upgrade time, we will coordinate via the #verified-validators channel in Discord.\nUpgrade Instructions\n
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