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BAND $0.1907 up 0.94% Market cap $35.3M

BCIP-3: Laozi Upgrade Proposal B

Proposal #3 on Band

Band network: Day Nov 3 · Healthy

Typical fee 0.0004 BAND

Overview

Updated

Passed

Voting ended
Sep 21, 2021
Opened Sep 7, 2021
Submitted
Sep 7, 2021
Sep 7, 11:39 UTC
Deposit
1,001 BAND
Type
Text proposal

Votes

  • Yes 68.2M 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 contains changes included in the BandChain Laozi upgrade.

In this upgrade, the following code version will be used to upgrade BandChain: https://github.com/bandprotocol/chain/releases/tag/v2.3.0. We are proposing to halt band-guanyu-mainnet on September 23, 2021, 09:00:00 UTC and launching the new laozi-mainnet with the genesis time of 3 hours after the halt time of Guanyu, September 23, 2021, 12:00:00 UTC.

Full proposal: https://ipfs.io/ipfs/QmSNhfzg6jUR9aBRLdpD78JQTKmnDJ9WaypTdsBmq1oVun

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-3: Laozi Upgrade Proposal B",
            "description": "This proposal is intended to signal acceptance/rejection of the precise software release that contains changes included in the BandChain Laozi upgrade.\n\nIn this upgrade, the following code version will be used to upgrade BandChain: https://github.com/bandprotocol/chain/releases/tag/v2.3.0. We are proposing to halt band-guanyu-mainnet on September 23, 2021, 09:00:00 UTC and launching the new laozi-mainnet with the genesis time of 3 hours after the halt time of Guanyu, September 23, 2021, 12:00:00 UTC.\n\t\t\nFull proposal: https://ipfs.io/ipfs/QmSNhfzg6jUR9aBRLdpD78JQTKmnDJ9WaypTdsBmq1oVun\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.