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BAND $0.1911 1.37% Market cap $35.3M

BCIP-2: Laozi Upgrade Proposal

Proposal #2 on Band

Band network: Day Nov 3 · Healthy

Typical fee 0.0004 BAND

Overview

Updated

Passed

Voting ended
Jul 12, 2021
Opened Jun 28, 2021
Submitted
Jun 28, 2021
Jun 28, 12:16 UTC
Deposit
1,001 BAND
Type
Text proposal

Votes

  • Yes 74.3M BAND
  • No 0 BAND
  • No with veto 0 BAND
  • Abstain 0 BAND

Description

This proposal is intended to signal acceptance/rejection of the precise software release that will contain the changes to be included in the BandChain Laozi upgrade.

We are proposing to use this code https://github.com/bandprotocol/chain/releases/tag/v2.0.3 to upgrade BandChain. We are proposing to export the state at block height 7486289, which we expect to occur approximately on July 13, 2021, 11:00:00 UTC. We are proposing to launch Laozi mainnet using genesis time 6 hours after the timestamp of block height 7486289.

Full proposal: https://ipfs.io/ipfs/QmX3PSxcWgBfCqLkXdVq9evVYcx9bT3fNLQ9cJtFwPHzKg

What it does

The message the chain carries out if it passes, as written in the proposal.

  1. Text proposal cosmos.gov.v1beta1 
    {
    "@type": "/cosmos.gov.v1.MsgExecLegacyContent",
    "content": {
        "@type": "/cosmos.gov.v1beta1.TextProposal",
        "title": "BCIP-2: Laozi Upgrade Proposal",
        "description": "This proposal is intended to signal acceptance/rejection of the precise software release that will contain the changes to be included in the BandChain Laozi upgrade.\n\nWe are proposing to use this code https://github.com/bandprotocol/chain/releases/tag/v2.0.3 to upgrade BandChain. We are proposing to export the state at block height 7486289, which we expect to occur approximately on July 13, 2021, 11:00:00 UTC. We are proposing to launch Laozi mainnet using genesis time 6 hours after the timestamp of block height 7486289.\n\t\t\nFull proposal: https://ipfs.io/ipfs/QmX3PSxcWgBfCqLkXdVq9evVYcx9bT3fNLQ9cJtFwPHzKg\n\t\t\n"
    },
    "authority": "band10d07y265gmmuvt4z0w9aw880jnsr700jrdn8wm"
}

How validators voted

A validator's vote counts for its delegators unless they vote themselves. Largest stake first.

Voting ended before BitBasic started recording Band votes on Oct 29, 2026, and the chain deletes votes when voting ends.