Proposals of #260

Implementing an on-chain minimum gas fee of 0.1 uSCRT

Exec Legacy Content
passed
Expected result
Turnout / Quorum
63.99% / 33.40%
Voting start 2023.08.07 at 16:08:45
Voting end 2023.08.14 at 16:08:45
77.46%
71 390 041 SCRT
Yes
9.38%
8 645 194 SCRT
No
0.00%
120 SCRT
Veto
13.16%
12 133 264 SCRT
Abstain

Details

logo
Proposer
-
Total deposit
1 000 SCRT
Submit time
2023.08.07 at 16:08:45
Deposit end time
2023.08.14 at 16:08:45

Description

We propose that we implement a minimum gas fee of 0.1 uSCRT/gas, that enforces every validator and node to adhere to a min-gas fee of 0.1 uSCRT. The following two things will be done if this proposal passes:

We set the the min-gas fee in the future on-chain parameter to 0.1 uSCRT, which we will soft enforce until the approved (see here: https://forum.scrt.network/t/signal-proposal-burn-fee-min-fee-param-addition/7002) on-chain parameter is implemented.

We also propose to ask the wallets to adjust the fee structure to the following:

Low: 0.1 uSCRT; Med: 0.25 uSCRT; High: 0.5 uSCRT.

In the interim, if this proposal passes, we can enforce this min-gas fee via the Community API cluster, secret.express, and via the validator nodes to soft enforce the minimum gas fee of 0.1 uSCRT even before the on-chain parameter exists.

Places this has been discussed:

  1. https://forum.scrt.network/t/proposal-for-implementing-an-on-chain-minimum-gas-fee-of-0-1-uscrt/7008

  2. https://forum.scrt.network/t/governance-meeting-notes-mega-thread/3946/116

  3. https://forum.scrt.network/t/governance-meeting-notes-mega-thread/3946/117 4. https://t.me/SCRT_gov

Votes

Voter
Answer